No, increase taxes on the wealthy instead
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We have two choices when it comes to bringing the revenue and expenditures in the budget closer together: reduce spending and increase revenue. Practically speaking, the discretionary spending portion of the budget is so small that, as long as we're not willing to discuss defense spending in a meaningful way (and we are demonstrably unwilling), there's simply no practical way to close the budgetary gap by reducing spending alone. Further, my view is that many of the kinds of services which would be stripped away in service of that goal are essential functions of government--things… Read more
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No. I don't care who has more money or not but if you tax the "wealthy" there would be larger chances of weakening the U.S tax base. Also what on earth is that supposed to teach kids that are;t rich? That you don't have to work as hard because someone else will just pay? NO, not to mention, that as soon as they start taking on more taxes peope may start to feel more intitled when in reality, they are not
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