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To: CSM

But if congress is still spending and part of that spending is hidden from the tax payer by borrowing (say spending at 23% of GDP but only taxing at 19% GDP), then the tax payer STILL will not see the cost of government.


93 posted on 01/07/2011 7:10:46 AM PST by taxcontrol
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To: taxcontrol

“But if congress is still spending and part of that spending is hidden from the tax payer by borrowing (say spending at 23% of GDP but only taxing at 19% GDP), then the tax payer STILL will not see the cost of government.”

That component of spending is already highly visible in the form of the federal deficit. There is more attention being paid to the deficit now than I have seen in my lifetime. Of course, for most of my lifetime deficits weren’t anywhere near the level they are now. However, it appears that the federal deficit has become one of the top political issues of 2011, due in no small part to what happened on Nov. 2.


94 posted on 01/07/2011 7:35:29 AM PST by phil_will1 (My posts are in no way limited or restricted by previously expressed SQL opinions)
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To: taxcontrol

That could very well be true, but it would still be a very huge improvement over the current state. In addition, every piece of legislation could be framed with the % increase in the sales tax.....


103 posted on 01/07/2011 9:07:16 AM PST by CSM (Keeper of the "Dave Ramsey Fan" ping list. FReepmail me if you want your beeber stuned.)
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