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Of course, all Americans know that the most expensive and most wasteful part of the government is the Department of Defense. It has been argued that if the US were to get rid of the DOD it could pay off the debt.
Of course, the real problem is that the rich don't pay enough taxes in relation to their income. If instead of tax breaks the rich got a tax hike the problem would be solved, but I doubt that Republicans would allow that. It is more convenient to let the rich get richer while the government defaults. According to the defenders of tax breaks, the rich already pay enough. Maybe we should pity the rich for being overtaxed!
In reality, the true solution is to give tax breaks to companies and individuals that create jobs in the USA, and eliminate tax breaks for companies that take jobs overseas where labout is cheap. I doubt that Walmart and many other retailers would like that. Car makers make too many parts in China now. So do computer companies. Those companies manufacture more microchips in China and Taiwan than they do in the USA. So many companies are opening their call centres in India. If tax breaks were tied to creating jobs in America, not a single fortune 500 company would get any tax breaks at all.
(dölj) Trött på att behöva göra 2 eller 3 musklick för att till en viss sida? Betalande medlemmar kan lägga in sidan på sin Sambandsmeny. (pauloaguia) (Visa alla tips)