Champagne? Yes!

Reader comment on: Ryan's 25% Tax Plan

Submitted by m00tpoint (United States), Apr 6, 2011 11:28

Ira,

Yes, we all know that 21% of GDP is a larger federal gov't than we'd like to have. But for the first time since the Cold War ended, our Republic is in mortal danger from the Debt Bomb. Government spending balanced with revenue at almost ANY level would be cause for champagne toasts.

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The Future of Capitalism replies:

I think the expansion of government is in its own way as big a threat as the debt, as would be the growth-killing effects of higher taxes imposed to balance the budget at any cost.

Other reader comments on this item

Title By Date
low rates have never worked! [21 words]fredMay 20, 2011 03:04
Trimming at the Edges [46 words]SW JenksApr 6, 2011 17:41
A place to start [128 words]stevenboiseApr 6, 2011 13:40
Perhaps study econ before claiming economic hardships of 25% tax rate.
[w/response] [89 words]		JD/MBA from DCApr 6, 2011 12:09
⇒ Champagne? Yes!
[w/response] [54 words]		m00tpointApr 6, 2011 11:28

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