Comment Re:It's a good thing the military is still funded. (Score 1) 422
The argument I was responding to was that those who are vested in paying more or any taxes will vote for candidates who support tighter controls on spending. This is a common fallacy.
You are right that we have spent more than we take in at an incredible rate, however, it is the tax revenue that has dropped at a greater rate than the spending has increased. The tax revenue has dropped due to reduced economic activity and the massive tax cuts provided to the top income earners.
The reason that blue states tend to spend more in taxes than they take in federal funding is that they have a larger middle classes due to higher wages and benefits. This directly correlates to anti-union right to work states vs union states. As jobs flow to more non-union states, expect the number of people not paying taxes to increase, as companies move to a cheaper labor pool.
Just like the last two wars, none of the tax cuts were offset in the budget by spending cuts or other revenue increases. This leads to deficits. The Laffer curve has never realized the increased revenues predicted, which has left our country with massively escalating deficits every time we cut taxes. Maybe it is just too good to be true...
Back to the original point, raising taxes on the poor will have much more adverse economic impact than reversing the tax cuts on the wealthy.
The issue is not the percentage of people who don't earn enough to pay taxes, but rather why do so many earn so little that they are considered in poverty? Maybe the stagnation of the middle class and the massive migration of wealth from the middle class to the uber-wealthy has something to do with our growing poverty rate.