In fact, it will lead to a depression, just as it has in the past. A mericans do not save too little nor owe too much. T he U.S. trade deficit is not too high. It is too low. T axes do not pay for federal spending.
Taxes only destroy money.
B usiness should not pay is fair share of federal taxes. There is no fair share of taxes. T here are easily affordable solutions to the problems of crime, healthcare and Social Security costs, poverty, military needs, a declining ecosystem and a deteriorating infrastructure. Mitchell reveals these solutions. F ICA taxes not only are unnecessary, they are the taxes that should be eliminated first.