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eniwetok

(1,629 posts)
Tue Feb 21, 2017, 11:26 AM Feb 2017

FY17 Projected Deficit: $559 Billion. And Trump wants TAX CUTS??? [View all]

https://www.cbo.gov/topics/budget

But then the GOP has addicted voters to getting a Free Lunch. Since 1981 We The People have pissed away some 19 trillion on ourselves that we refuse to pay for. Instead of each generation paying its own bills, we simply have stolen this money from future taxpayers who will be saddled with massive interest payments that will buy them nothing... estimates are as high as 800-900 billion in a decade... and they'll be paying more in taxes to get less.

And as the GOP continues to make the tax code less progressive... any paying down of the debt will fall less on the rich... even if much of the debt was from giving them irresponsible Starve The Beast tax cuts designed TO CREATE MORE DEBT.

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