Originally Posted by BigRedChief
I think Romey's plan will make the deficit worse than Obama's plan. We can not sustain those tax cuts for the higher income brackets and lower taxes in other parts of the tax code and magically think its going to create more revenue than the tax cut cost.
Like any cost benefit analysis, you have to make assumptions about growth. And our federal entitlement structure is so messed up you have to incur cost to create long term benefit. For example, social security is broken, but you can't deny access to old people who paid into it. I despise that I'm young and have to pay into social security ill never see.
I'm not a fan of trickle down economics. And I agree, I hate that tax cuts and refusal to tax the upper class are off the table. I think those are stupid party policies. But I think those are much bigger issues than inability to address massively escalating entitlement costs. After all... Lower taxes is a simple fix. In the future, raise taxes. Entitlements on the other hand... Those won't be reformed unless somebody takes a bold step.