Quote:
Originally Posted by glatt
The deficit is getting smaller every day because the economy is improving. Check out the debt clock to see it shrinking.
So another option is for the government to do things that help the economy grow so that tax revenues increase without increasing the tax rate.
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That's long term, though, isn't it? If you cut taxes to entice business to come into your state, you have to do something until those increased taxes hit the bank. One or more of these options still has to occur, right?
What brought this on is that on Monday Pennsylvania borrowed $1.5 Billion. At the same time the Corbett administration is running campaign ads about how his opponent will raise taxes.