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dc_dux · 04-15-2008, 07:15 PM

Yep...context matters.

Thats why discussing this tax proposal by itself is simply an academic exercise and not grounded in reality. You cant take away 50% of the revenue if the remaining 50% can barely cover the cost of entitlements, interest on the debt and a scaled-down defense program and nothing else.

We need tax reform AND spending reform (including entitlements), but in a reasonable and measured way that can be implemented without a complete shock to the sytem.

04-15-2008, 07:15 PM	#21 (permalink)
dc_dux Location: Washington DC	Yep...context matters. Thats why discussing this tax proposal by itself is simply an academic exercise and not grounded in reality. You cant take away 50% of the revenue if the remaining 50% can barely cover the cost of entitlements, interest on the debt and a scaled-down defense program and nothing else. We need tax reform AND spending reform (including entitlements), but in a reasonable and measured way that can be implemented without a complete shock to the sytem. __________________ "The perfect is the enemy of the good." ~ Voltaire Last edited by dc_dux; 04-15-2008 at 07:31 PM..