Who are we kidding?

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You may think that you understand how silly the government discussions about cutting the deficit are.

But maybe not. Consider this.
We are currently borrowing 40 cents of every dollar we spend.

Suppose that we got all of the spending cuts that the Rs want !AND! all of the tax increases that the Ds want. ALL of them.

Then we would still be borrowing 20 cents of every dollar we spend.

I know a family of three with an income of over 100,000 per year whose federal income tax for 2010 was less than 13% of adjusted gross income.

That is not excessive taxation.
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