Monday, August 1, 2011
When you...
...reduced deficit spending from 10 billion to 8 billion have you really accomplished anything significant?
Do you know how the government works? See baseline budgeting. Or, how an increase is automatically built into every departments budget and that becomes the baseline. So, even holding the expenditures static becomes a cut to the Washington elites.
Do you know that if the Bush tax cuts expire the bottom rate will go from 10% to 15%
Do you realize that the AMT (remember when we were going to get rid of the AMT) captures more tax payers every year as inflation drives their income into the net.
Labels:
Tax and Spend,
Taxes and Budget
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