Friday, February 18, 2011

Why not get rid of all taxes?

I can't understand why there is so much inveighing against tax increases. Why don't the ones screaming against tax increases simply cease paying for any government activities?

Getting more revenue is clearly what is needed now just about as much as cost reductions. Retaining the Bush tax cuts was - and will be shown to be - clearly a mistake of no small proportions. Sooner or later, we will have to raise taxes. The sooner we do it, the less of a shock there will be when the time comes. If you want a place to start. how about the GAO High Risk List? A major part of their prescription is cutting back the Pentagon. Hmm, where have I heard that before?

The economy is clearly not out of the woods. Having a laser beam focus on the deficit ignores the fact that 9% of the population is without a job. We still have to work hard to get back to some modicum of prosperity for many more of our fellow Americans.

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