If the American people want these programs then the American people should pay for them instead of borrowing and leaving the bill for our children and grandchildren.
I have had a change in my outlook on taxe rates recently when I discovered that for most of 50s,60s, and 70s, the tax rate on the highest earners was between 50 and 70 percent. And guess what, our deficit and debt were small. It began to explode under Reagan when we reduced the top tax rate into the 30s. It leveled off under Clinton, then exploded again under Bush jr, and Obummer. It continues to explode under Trump. That’s my biggest disappointment with Trump is he’s done nothing to address the deficit or debt.
As far as give aways and such if you are going to start talking about foreign aid and such ii is a minuscule part of the US budget. I’ve extensively studied our budgets since the 80s. And currently defense, Medicare and Medicaid, social security, and interest payment on the debt make up 72% of the budget. Even if we cut the other 28% we would still have to borrow money just to cover that 72%.
What we have done seen the 80s is not working. We need to ty something new.
Social Security is not part of the budget and doesn’t contribute to the deficit or the current federal debt. It currently pays its own way, from money raised by the payroll tax, and will do so for 16 more years. Even then, when the payroll taxes and trust fund might run short to pay 100 percent of benefits, it would require a legal change for general fund money to be used to pay benefits.
I’m talking about give-aways to people who expect their daily needs to be taken care of by others, which apparently you approve of.
Let’s put it to you simply. The problem isn’t not enough taxes. The problem is too much spending.
The good news for you is that over the next few years there will be plenty of bitter, envious, confiscatory Leftists to vote for who will gladly spread hard-earned wealth to those who haven’t earned it.