Our server costs ~$56 per month to run. Please consider donating or becoming a Patron to help keep the site running. Help us gain new members by following us on Twitter and liking our page on Facebook!
Current time: June 8, 2024, 7:29 pm

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Where would you like your tax dollars to go?
#56
RE: Where would you like your tax dollars to go?
popeyespappy Wrote:Your original claim, feel free to correct me if I'm wrong here, was that cutting defense spending by half then using half of that to pay down the debt would reduce the debt. That would reduce the rate of growth of the debt, but it wouldn't reduce the debt. Eliminating defense spending altogether is not enough to reduce the debt.

BTW, the last time the federal debt decreased from one year to next was 1957 and Eisenhower was president.

This is my original statement: "Cut military spending until it's only equal to the next four countries combined. Use half the savings to pay down debt. Use the other half for sensible results-based programs. A fiscal conservative should consider that a win-win."

'Use half the savings to pay down debt' is a direction , not a claim that it will, by itself, balance the budget. It's a suggestion on what to do with half the money saved. Whether it succeeds in paying down debt is another matter, and it likely won't if it's the only thing you do to address that issue. If I tell you that you can save $50 on a personal budget item and say 'use half what you saved on that to pay down your debt'; I'm not making a claim that another $25 a month is all you need to do to address your debt. In other words, I was just saying where I would like my tax dollars to go. I suppose I'm claiming that that is where I would like my tax dollars to go, but I think I'm in a position to know if that claim is true.

My claim was  that 'A fiscal conservative should consider that a win-win', that is, they should be okay with increased social spending if it's part of an overall reduction of spending. Both sides (liberals and fiscal conservatives) get what they want, win-win. It ought only be considered a loss by someone who is against cutting military spending that much or someone who considers increasing sensible result-based programs a bad thing in itself.
I'm not anti-Christian. I'm anti-stupid.
Reply



Messages In This Thread
Where would you like your tax dollars to go? - by Aroura - March 17, 2017 at 4:01 pm
Where would you like your tax dollars to go? - by KUSA - March 18, 2017 at 12:12 am
RE: Where would you like your tax dollars to go? - by Mister Agenda - March 21, 2017 at 2:56 pm

Possibly Related Threads...
Thread Author Replies Views Last Post
  Biden had to walk back a tax increase jasonelijah 6 909 March 31, 2021 at 5:45 pm
Last Post: The Architect Of Fate
  Does rasising the corporate tax rate help or hurt? jasonelijah 16 976 March 30, 2021 at 7:24 pm
Last Post: brewer
  What job experience would you like to see in a Presidential candidate? onlinebiker 44 2606 February 14, 2019 at 8:26 am
Last Post: Yonadav
  Warren's Wealth Tax Yonadav 5 975 January 25, 2019 at 3:24 pm
Last Post: Brian37
  US - raise the gas tax onlinebiker 55 3670 November 30, 2018 at 10:25 am
Last Post: BrianSoddingBoru4
  Unbelievable! Paul Ryan praises $1.50/week tax cut! Jehanne 14 2701 February 6, 2018 at 2:26 pm
Last Post: The Grand Nudger
  AP says 90% of Workers get Tax Cut Neo-Scholastic 64 5686 February 4, 2018 at 12:13 am
Last Post: Brian37
  How Bad Is The Senate Tax Bill? Minimalist 41 6420 December 12, 2017 at 5:14 am
Last Post: downbeatplumb
  The GOP's turd of a tax bill Jackalope 34 4411 November 14, 2017 at 5:17 pm
Last Post: Haipule
  Senate Republicunt Assholes Prepare Their Own Tax Plan Minimalist 7 1340 November 9, 2017 at 8:12 am
Last Post: Brian37



Users browsing this thread: 1 Guest(s)