Shouldn't we raise taxes AND cut spending to get out of debt quicker?

Credit and mortgage advice Forums Consumer Credit Debt Management Shouldn't we raise taxes AND cut spending to get out of debt quicker?

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 7 years, 9 months ago.



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    Anonymous

    I always see Cons going on about cutting spending to lower debt, but wouldn’t you get out of debt faster if you also raised taxes? It would take a few decades of cut-backs for all parts of the government (yes, even the military) and a slightly higher tax rate, but ultimately it would be worth it. And yes, I pay taxes.



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