[cableguymn]

It’s the spending stupid

[Hurricane Andrew]

As Reagan so succinctly put it:

“The problem is not that people are taxed too little, the problem is that government spends too much.”

[jospehm20]

Yes. Contrary to what some people here spout. Revenue doesn’t matter much if DC consistently spend$ a lot more than FEDGOV takes in.

[taxcontrol]

Yep, it is the spending. For some perspective:
...ran a deficit of $607,099,000,000 over those same nine months, ...

That works out to an average monthly deficit of $67,455,000,000 monthly or $809,465,000,000
If we assume a US median income of $30,000 and a 2018 tax rate of 22%, then the median tax revenue would be $6,600 per person.

That then begs the question, how many new tax payers (jobs) would be required to cover the annual deficit?

$809,465,000,000 divided by $6,600 = 122,646,000 jobs The current department of labor says that there are roughly a total of 148,500,000 TOTAL jobs in the US.

In other words, in order to cover the current deficit with income taxes, the entire job market in the US would have to DOUBLE! - simply not possible.

We have to cut spending!

[Rurudyne]

Yes. And the spending has a moral dimension because government insists its job is to do good.