There is only one way to ensure spending cuts...

...will ever balance the budget -- don't let Congress get their hands on our money in the first place.

While both candidates' economic plan offer tax cuts, in their own way, both will leave billions more in government spending, money we don't have, and money foreign money-lenders will be only too happy to provide. All we have to do is put our children's' future on the slave block. As a fiscal conservative, I am all for tax cuts, but tax cuts without significant cuts in government spending is more than just being irresponsible, it is dangerous. It is putting the economic future of our children and their children, and, thus, the Republic, at risk.

The only way we can expect government spending cuts to pay for tax cuts is to stop our money from ever getting to Congress in the first place. The only fair way to achieve this is to do away with the individual income tax on wages and institute a fair tax on corporate profits (at significantly reduced rates) and a sales tax of no more than 10 percent.

The aim here is to significantly reduce the revenue the federal government has to spend. Any reduction in federal government spending that must be addressed beyond these present levels can and should be made up at the State, county and local levels.

Until we see significant reduction in government spending, we are simply squandering the economic future of this Republic and the country.

ex animo

davidfarrar

 

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