geopi@hogpc.UUCP (G.COTSONAS) (11/09/83)
All the talk of earmarking taxes is interesting but silly. Silly, silly, silly. Issue: What about the US federal DEBT of over a TRILLION dollars? (Translation: $1,000,000,000,000, or something like a million bucks per minute for almost 2 years, to give some feeling for the number) It is interesting to note that this figure encompasses only the official debt; many many other federal obligations and guarantees of various kinds put actual debt far above the trillion mark. And what about the deficit on the past year's budget alone, tallied at about 200 BILLION dollars ??? Should we not also get the vote on earmarking the deficit ? Issue: What about the inability (or unwillingness) of the government to simplify the entire tax system, which is a complex, gross, incomprehensible obscenity, after too many years of talk and debate and various tax bills floating around Congress for VAT (value-added tax), or flat tax or whatever, or something saner and simpler? These seem to me to be the important issues. Howlingly cynical :-@ Wide-eyed over inequities 8-| More than somewhat disgruntled :-{ With furrowed brow {:-| But not :-) over taxes, - George P. Cotsonas hogpc!geopi
lab@qubix.UUCP (Larry Bickford) (11/10/83)
Something interesting to ponder: If I remember correctly, the interest the government owes on the national debt is greater than the years' deficit. => Eliminate the national debt, and (the current need for) deficit spending DISAPPEARS. H.R.Gross had the right idea. Larry Bickford, ihnp4!decwrl!qubix!lab