10-16-2013, 07:54 PM
Unfortunately, one of the most fiscally sound decisions that could be made is to reverse the Bush/Obama tax cuts. I get frustrated that the deficit discussions often revolve around spending when we are collecting significantly less taxes than typical throughout our history. The percentage of taxes to GDP has been at levels not see since the 50's. At one point, the Republicans talked about capping spending at 18% of GDP while tax revenues sit in the mid 15% range. Aside from insufficient taxes, medical spending is unsustainable and unlikely to change. For-profit medical care will be the nail in the coffin of the American economy.
I look forward to emigrating to a country with high taxes and socialized medicine. This is the driving force behind getting my degree.
I look forward to emigrating to a country with high taxes and socialized medicine. This is the driving force behind getting my degree.
TESC 2015 - BSBA, Computer Information Systems
TESC 2019 - 21 Post-bachelor accounting credits
TESC 2019 - 21 Post-bachelor accounting credits