Taxes as a % of GDP? A dumb preposition. Because GDP in general increases, we will forever be locked into tax increases.
Taxes should be broad (inclusive) and as low as possible. They should be enough to fund government, the size of government is the issue.
Medicare and S.S.? Should they exist?
Now let's take a moment to remember the left's eternal protest about how Conservative never liked the "entitlements". Well yes and no, when created there were warnings about how they would eventually break us...Hummmmm. Not exactly outrageous.
A safety net is a good idea. Obligating us to pay for life after 65 for every senior is not.
Folks who paid into S.S. deserve their $. It would be better out of the government's hands and Bush's idea of private accounts sounds good. It would also keep the legislators from stealing current contributions.
Medicare is another issue. It, like private health care, needs to be consumer driven. There are no cost constraints and there must be if the system is to survive.
funny Baxter, I/we have answered these questions many times before. Not afraid.
What does not work is Socialism. What does not work is class warfare. What is not working is the economic management of our country by our Out Of His League President.
My solution? Reduction of marginal tax rates. Reduction of Capital Gains. Repeal of Obamacare.
We would be better in a week.
And the laugher about the reduction of economic activity from the paltry spending reductions?
If we cut taxes and leave the $ in the economy, it will grow gangbusters and the deficit will go away and the economic activity of the government will be irrelevant.