Trump and Cruz's respective plans to cut taxes may sound great in theory, but in practice, they may place the country even more in debt. The cartoons in the link above will show you why. Bottom line is that in order to balance things under their plans, entire key services would have to be eliminated, which includes a severe cut to military spending.
I like the naïveté of the thought in the article, "Making those tax cuts is irresponsible."
Perhaps. But maybe, just maybe, hemorrhaging money at an unsustainable rate (40% of current expenditures alone go to entitlements) is also irresponsible.
And so we're clear, the Tax Foundation has established that under a tax plan that Sanders proposes, national GDP would start to see a decline, as well as [i]everybody's[/i] take-home income.
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