Balanced Budgets Are For Adults

I do believe corporate income tax rates are way too high, in fact I’d rather not see corporate income taxed at all… but taxes are complicated and the ONLY way to inject rationality into the structure is through the discipline of budget balancing. When you dismiss the tension that balancing act forces on the process you are left only with fictions of public relations.

There is little truth in the tales the political parties tell us in the war to gain or hold power over the lives and livelihoods of American citizens. But there IS truth (truths of balancing needs and wants, truths of hard priorities, truths of victories and losses between competing interests) in a budget where simply expenditures equal revenues.