Tuesday, April 9, 2013

Are We Suckers For Paying Taxes?

Posted by Milton Recht:

From PJ Media, "Why Not Just Put the Entire Federal Budget on Credit?" by Frank J. Fleming:
So that brings us to the obvious question: Why not just put the entire federal budget on credit?

Are we just being suckers paying taxes? The point of taxes is that someone needs to pay our government’s bills, but considering the amount of debt we’ve run up with no problem, maybe that’s not true. It seems unfair that the politicians see no reason to cut spending, but we have to keep paying taxes like the federal deficit actually means something. So why not give our economy a big stimulus and just put all government operations on credit? The debt ceiling will now just be whatever numbers we actually have words for.

This should receive huge bipartisan support. Republicans don’t like taxes, Democrats don’t like spending cuts — so now we’ll have no taxes and no cuts.
[HT: Newmark's Door]

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