Current Events — HabitableZone

Current Events » in reply to It's the spending.

Re: It's the spending AND tax cuts

Stop acting like an idiot. The deficit is caused by both spending and long term tax reductions.

Match this graph with your debt graph.

http://behindthenet.ca/blog/uploaded_images/tax_rate_vs_income-739136.jpg


Lower taxes, higher debt over the same period. To say this had nothing to do with the increase in debt is pure bullshit.

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