Thursday, December 2, 2010

TAX AND SPEND ?

  Here are the numbers :

    Let the Bush tax cuts expire for the rich only   -   Tax revenue increases 70 billion per year.

    Let all Bush tax cuts expire                              -    Tax revenue increases 370 billion per year


   Neither option makes a difference unless congress cuts spending.Any increase must be tied to spending cuts or the increased revenue will just be spent / wasted and the tax payer gets screwed.


  

No comments:

Post a Comment