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To: Clairity

A BBA guarantees just one thing ... higher taxes for all of us.

It is a TERRIBLE idea. Oh it sounds like it’s something responsible, but it is an admission of terminal irresponsibility and will cost us a FORTUNE.


11 posted on 07/16/2011 2:15:31 PM PDT by RIghtwardHo
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To: RIghtwardHo
Thanks for saying that,a Balanced Budget Amendment is a trap..... it will lead to massive taxes.

Isn't the CBO forbidden to consider that a reduction in taxes can/will cause increased business activity and can/will cause increased revenue to the government.... and required to assume that increased taxes will increase the revenue.

Once taxes hit 100% why bother working?

29 posted on 07/16/2011 3:30:45 PM PDT by garyb
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