Government Spending

October 20, 2011 5 Comments ›› Lori Joint

It is time for the spend-tax-and-borrow crowd to stop. Conservatives want deep spending cuts. In contrast, President Obama wants more taxes, a terrible idea. First, the government already takes too much money from the pockets of Americans in taxes. Second, if Americans give the government more money in taxes, the government will just find ways to spend it, rather than using it to pay off the public debt. Third, raising taxes reduces investment, which cuts economic growth and kills jobs.

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