Comment Re:Yay big government! (Score 1) 310
I favor reducing spending and increasing taxes. That is because I am a fiscal conservative and we are currently running a wildly excessive deficit.
Do you want to increase tax revenue, or tax rates? The two are not necessarily the same, depending on which side of the Laffer Curve we currently occupy.
And don't write off other ways to reduce the deficit:
- a revenue reduction concurrent with an even larger spending reduction. (Even during Bill Clinton's second term, when there was a healthy federal surplus, opinion polls of that era showed most Americans thought the government was spending too much. If spending was scaled back to Clinton Administration levels, in partial deference to that sentiment, we would instantly be back in surplus.)
- the "Penny Plan," surprisingly endorsed by the liberal Lanny Davis (although one must wonder about the sincerity of that endorsement)