Not really.
For every dollar in new taxes, you can expect the government to spend $1.17. This doesn’t look like they are saving anything here to me. Does it to you?
Erskine Bowles, co-chairman of the president’s deficit reduction commission, suggested at a briefing several months ago that there will be $3 of spending cuts for every $1 of tax increases. President Reagan waited his entire presidency for the $3 of spending cuts that Congress promised for every dollar of new taxes he agreed to in 1982. The cuts never came. What a shocking surprise!!
Draft recommendations of the president’s commission on deficit reduction call for closing popular tax deductions, higher gas taxes and other revenue raisers to drive tax collections up to 21% of GDP from the historical norm of about 18.5%.
Another plan, proposed last week by commission member and former Congressional Budget Office director, Alice Rivlin, would impose a 6.5% national sales tax on consumers. Now I wouldn’t mind a national sales tax IF Congress immediately abolished the IRS, completely dumped the income tax and the attendant paperwork clusterfuck, and all the other bullshit forms of taxation they have saddled us with in the last 200 years or so. Of course, I haven’t run any of the numbers on this, so I have no idea if it would work or not. But then Congress never bothers to do their homework either, so why should I?
What is boils down to is the morons running the government can’t fix what they have managed to fuck up because they are to lazy to do the hard work of READING what is brought before them, making sure it is correct, workable, fair and CONSTITUTIONAL and getting rid of laws, rules and agencies that are unworkable, outdated and UNCONSTITUTIONAL.
Part of the problem is that there are no (immediate) consequences if govt. officials don’t do the jobs they were elected (hired) to do. Also, it seems that most or these bloodsuckers, once they get elected, spend the rest of their lives, campaigning for reelection. How many of them actually do what they were hired to do and then go home and get a real job? Hardly any, I would venture to say.
