RG_in_CA Wrote:
Jun 11, 2012 1:08 PM
I understand the reason people like Mr. Bush would say they would take a 10 to 1 tax deal; it sounds reasonable on the surface and perhaps he thinks it would soften the edge and appeal to a larger portion of the public. However in the current environment spending is completely out of control and we know that any tax increase can both lessen the incentive to control spending and adds to the perverse incentives built into our system that discourage real growth and progress. Not to mention that 1) most of the time the cuts we are debating are cuts in the rate of increase not real cuts and; 2) cuts don't always happen but tax increases do. I would suggest a better response to a 10 to 1 offer would be "Let's just compromise and make it 9 to 0" !