We cannot collect enough taxes to catch up with spending. Do I know a solution? Not really. Do your politicians know a solution? Does our commander-in-chief offer a solution? Absolutely not.
Sentiment: NEGATIVE
The problem is government spends too much. So raising taxes is what politicians do, instead of reducing spending.
We say that anytime budgets are balanced and an ample savings account has been set aside, government should just stop collecting taxes. Better to leave that money in the pockets of those who earned it, than to let it burn a hole, as it always does, in the pockets of government.
We have to deal with two issues. Spending and taxes.
Instead of raising taxes as some would insist, we need to reduce waste and inefficiency in government.
If you don't get spending under control, eventually you're going to have a big tax increase.
We have a spending problem, not a taxing problem. The less we spend, the more jobs we have the potential to create.
As long as we're focused on spending, there are only two ways to do that: One is spend less, and Democrats have no solutions for that. Or we have pro-growth policies that make the economy grow so the dead-weight cost of government becomes a smaller percentage of the economy and therefore less expensive.
My goal in getting rid of tax loopholes is not to raise taxes. Our problem in Washington, D.C. is not a revenue problem, it is a spending problem.
Raise the taxes, and we find less money in our pockets. Lower the taxes, and we've got more money in those pockets, and we spend it on all kinds of things.
We are not spending the Federal Government's money, we are spending the taxpayer's money, and it must be spent n a way which guarantees his money's worth and yields the fullest possible benefit to the people being helped.
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