Thread: PA budget
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Old 03-12-2011, 08:10 AM   #72
Clodfobble
UNDER CONDITIONAL MITIGATION
 
Join Date: Mar 2004
Location: Austin, TX
Posts: 20,012
Quote:
Originally Posted by Flint
So we take a little more in order to spend more than we have. And next time things get tight, what can we do? Take more? So spending always stays up, and taxes go up in a never-ending cycle. What is the logical end? If you never adjust what you are SPENDING to a realistic level.
Except that every time the economy gets good again, taxes get cut again. Things are only tight right now because taxes were lowered after the Clinton surplus years. What needs to happen is to keep taxes up after the economy recovers and save the surplus, just like a responsible individual would do. But that's not what happens. Taxes will never go perpetually upward like you fear, because "tax cuts" is an easy platform to run on.
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