(September 24, 2012 at 4:23 am)Tiberius Wrote:(September 23, 2012 at 3:47 pm)cratehorus Wrote: FalseSorry, I must have been ill when it was decided that "record low" was synonymous to "not too high". Also when "taxes" in general and "corporate taxes" were made the same thing.
http://mattbruenig.com/2012/02/06/corpor...cord-high/
Taxes being too high should depend on whether there is any absurd amounts of spending by the government, and whether the government could function properly without that money. In the case of the US, I'd point to three obvious areas of overspending:
1) The military.
2) The intelligence services.
3) The TSA.
I honestly don't think it would be impossible for a government to work off a budget equal to 10% of the taxable income of the country.
I'd love to see those cuts, too, but it won't happen. Republicans are the deficit hawks and the military is their sacred cows: they never touch it. If the Democrats ever stood up for wasteful government spending, we'd probably have a more reasonable military, but the dems don't exactly have a reputation for standing up for anything lately, do they?
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"If you cling to something as the absolute truth and you are caught in it, when the truth comes in person to knock on your door you will refuse to let it in." ~ Siddhartha Gautama
"If you cling to something as the absolute truth and you are caught in it, when the truth comes in person to knock on your door you will refuse to let it in." ~ Siddhartha Gautama