MCViewPoint

Opinion from a Libertarian ViewPoint

Senate Bill Hits Obstacle Over Deficit Concern

Posted by M. C. Fox on December 1, 2017

Reform does not reduction. But that is the implication. The problem is you can’t reduce taxes while building a world wide empire via the military.

This is all smoke and mirrors. Shuffling the deck trying to keep tax revenue the same.

True tax reform means lowering taxes. You can’t lower taxes without reducing the size of government. Expecting tax reduction from those whose jobs rely on increasing the size of government is folly.

https://www.wsj.com/articles/senate-bill-hits-obstacle-over-deficit-1512083103

But Thursday’s cascade of problems—including a parliamentary hurdle and a nonpartisan analysis that said the bill wouldn’t pay for itself with economic growth and would instead add $1 trillion in budget deficits over a decade—forced a late rethinking just as Republicans were speeding toward a final vote.

 

Be seeing you

 

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