Sunday, February 26, 2012

Tax Proposals

http://www.reuters.com/article/2012/02/23/us-usa-campaign-plans-idUSTRE81M1QE20120223

Take a look at the candidates' tax proposals. (estimates by 2021)


  • Gingrich: tax cuts for individuals and corporations, +7 trillion in debt, +60% in economic performance

  • Santorum: +4.5 trillion in debt, -5 trillion in federal spending within 5 years,

  • Romney: +250 billlion in national debt, expenditure cuts to assist the poor

  • Paul: -2.2 trillion in natinoal debt, abolish federal and state programs

Is it imparative to seize the "swelling" of national debt? Or is it understandable to increase the debt for economic health? What do you think?

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