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I'm not too keen on lowering income tax to around 10%. I don't know if everyone completely understands the gravity of that decision.
#2408 to #2409
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N. Korean citizen (02/22/2012) [-]
I'm guessing then you don't want to be defended by the Police, or if a Fire was to ensue, have your house rescued.
Or have street lights. Or traffic lights. You know what, let's just take away everything you don't seem to be appreciating and see how that works out. Maybe you can take all that fruit of labor to pay the damage that would ensue.
Taxes are needed to pay for things that are public access. That's literally the most basic know-how of government there is. You don't honestly think they just print the bills up and use that to pay it off, do you?
You can't just cut the largest amount of revenue the government has and expect a few "unnecessary spendings" to be removed to cover the loss. It's not as simple as he's making you believe it to be.
Or have street lights. Or traffic lights. You know what, let's just take away everything you don't seem to be appreciating and see how that works out. Maybe you can take all that fruit of labor to pay the damage that would ensue.
Taxes are needed to pay for things that are public access. That's literally the most basic know-how of government there is. You don't honestly think they just print the bills up and use that to pay it off, do you?
You can't just cut the largest amount of revenue the government has and expect a few "unnecessary spendings" to be removed to cover the loss. It's not as simple as he's making you believe it to be.
That's a beautiful statement, but I don't know how he's going to make up for lost money that should be going to the government. We can't bitch and moan that taxes are too high AND that the countries economy is *raspberry noise*.
#2412 to #2411
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petesneckfat (02/12/2012) [-]
Well when you cut out the income tax (which is about 50% of the government's revenue), you're gonna have to cut out a lot of the wasteful spending as well. His whole "Plan to Restore America" balances the budget so no need to worry that cutting the income tax will cut the government's revenue because other unnecessary spending will be cut too.
What I don't like about cutting such a large amount of cash from taxes is that, well, it cuts the governments intake. The scary part for me is that I don't know what Romney considers "unnecessary spending". He could say he's going to make a few "benign" changes and that's it, but what if that's not enough for him? Will he dip into public schools? Hospitals/roadways? It's a difference in opinion that could screw us over.