Anonymous
Anonymous asked in Politics & GovernmentElections · 1 decade ago

Which do you prefer: tax increases or spending cuts?

Why not pay for tax cuts with spending cuts instead of raising taxes elsewhere?

12 Answers

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  • 1 decade ago
    Favorite Answer

    Spending cuts!

    McCain supports the basic tenets of spend only what you have and don't waste your resources. He will keep taxes down by keeping spending down. (He has said he would go so far as to put a freeze on any new "unnecessary" spending if needed. What caused the Great Depression in the 30's was that Hoover raised taxes at a time of economic instability. We were almost out of the woods after the '29 stock market crash when Hoover raised the taxes and the result was almost a decade lone depression. On the flip side Obama will spend, spend, spend, forcing taxes to be raised and putting us in a downward spiral.

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  • Spending Cuts

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  • 1 decade ago

    Dear Karl:

    I have NO Problem with Paying TAXES!

    I have NO Problem with Spending Cuts!

    Our "Problem"?

    What we currently are WASTING Our

    Money ON!

    2 Insane WARS!

    Trillion Dollar Deficits

    3/4 Trillion Bail-outs

    CEO GREED!

    Enron

    Haliburton

    etc.

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  • Anonymous
    1 decade ago

    If your house needs a new roof and you are out of a job--what would you do? You probably will have to cut spending to afford a new roof and have each family member living in that house pay toward this roof(call it a family tax)-at the same token, we are broke, we got to fix our economy, and we have to pay a huge debt back--so I am FOR increasing taxes and cutting spending......and I am just your average American who doesn't own a lot---Common sense should tell you, that we have to aim for all of it---increase taxes, cut spending, and pay our debt back--nice, huh?

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  • Anonymous
    1 decade ago

    Spending cuts.

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  • Anonymous
    1 decade ago

    Spending cuts. WHat do you do if your income goes down or your expenses go up. You redo your budget; if you keep spending you get in trouble and end up bankrupt. That is where we are headed and with BO and Nancy we will be there SOON.

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  • Anonymous
    1 decade ago

    Both.

    The piggies in Congress have been feeding at the trough too long.

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  • Anonymous
    1 decade ago

    I'm voting for the candidate who cares about the American people.

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  • Anonymous
    1 decade ago

    the right amount of both would help us in the long run. a little pain now, or a lot more pain later.

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  • Anonymous
    1 decade ago

    duh...spending cuts, like I have to do when money gets tight.

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