Home › Forums › Financial Markets/Economics › Backdoor to socialized medicine? › SK in CV wrote: Chances are
[quote=SK in CV] Chances are about 95% that you’re paying lower taxes now than you did under the previous administration.[/quote]
We may see a $400-$800 reduction in fed tax but the elephant in the room is the new trillion dollars in new spending.
Like car salesmen they only want you to look at the monthly payment or short term window and not the big picture.
We can’t just keep printing $$ to cover this spending. It will have to be paid at some point in time.
Let’s talk about this same question after Jan 1 when the Bush tax cuts expire.
Remember, “Liberty, once lost, is lost forever”