Quote:
Originally Posted by Febo
Again, imagine YOU are bankrupt and are going to lose your sweet SRT-4. What would you do to pay off the debt owed so you can keep your car?
If you say "well I would work more" or "find a better paying job" or "work two jobs" or anything to that effect, then you have totally went against your logic for the government in every way. The government NEEDS taxes to operate. By giving money to the people you will help stimulate the economy, but you will still lynch the government on repaying its debt by cutting taxes.
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I wouldn't be bankrupt in the first place. I live within my means and don't make big purchases unless I know I can afford them. If I was like the government, I would spend all my money, savings, max out credit card, keep getting credit cards and rack up the debt on those, borrow money from friends and family, and then end up bankrupt because I wouldn't be able to pay it all off. That is basically what the government has done and the American people have to be the ones to fix it with getting taxed.
And to clarify, I am not advocating ending taxes (which is what you are making it seem). I am an advocate of cutting them down to more reasonable levels so everyday Americans can keep more of their hard-earned money instead of giving it all away.
But to answer your original question, I would probably cut down on entertainment to afford more (movies, eating out at restaurants, impulse buys, etc.) There are a lot of things I could do besides "work more" to pay off things.