Thread: Palins Alaska
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Old 12-09-2010, 02:33 PM   #117
RIJIMMY
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Join Date: Aug 2003
Location: TEXAS
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Bryan, its all business 101. If a lowly URI business graduate like me gets it, they need to as well!
There is no budget for 2011 is there? If no, you cant say that the tax cuts cost us anything! Tax = Revenue. A budget should be Revenue - expenses = surplus or defecit.
So if the tax rates are extended - Revenue is relatively fixed....on the BOTTOM end. Market goes up, businesses do well, etc....we can take in more revenue.
So all this talk that were funding tax breaks with the defecit is foolish. We need to greatly reduce spending and get this country making money. I know you know this, but just restating.

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