esmith, you’re right, lower taxes across the board without cutting spending will increase deficits. That’s why we need to cut spending as well. Increase taxes on what you called the rich, I think will get passed down to their employees. They don’t become rich by taking it to the chin w/out fighting back, dodging, or passing on the pain.
I’m all for abolishing IRS and income tax. We just need hike up other taxes, like property tax or sales tax, to cover the cost. This might actually reward saver.
