Well done to the Republicans in the U.S. Congress for
passing some very respectable tax cuts.
We all hope that the expected economic growth will provide enough
revenue to meet current needs (balance the budget), and provide a revenue
surplus that will reduce the national debt.
Please be reminded that Ronald Reagan combined tax cuts
with eliminating the growth in spending for programs where spending was not
mandated; except for defense spending. I
believe you must have cuts in both spending and taxes if you want the kind of
economic turnaround that President Reagan achieved.
No comments:
Post a Comment