Question:

In general, does the national deficit increase more or less when american's pay more or less taxes?

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In general, does the national deficit increase more or less when Americans pay more or less taxes?

I don't want an answer that sites history from more than 20 years ago either. Extrapolation is stupid.

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  1. first deficit: deficit is the difference between the monies(taxes) collected and the monies spent during the fiscal year so if you collected 10 billion and spent 15 billion deficit is 5 billion dollars.

    also

    Debt is the total outstanding owed by a country.. if you run a deficit of 10 billion 5 years in a row you owe 50 billion dollars

    the trouble is to get out of debt once your in it

    and the USA is 9 TRILLION dollars in debt,and is INCREASING by 1.75 billion per day!

    now the tough question ... How do you get out of debt as a country?


  2. no only by gov spending

  3. In general  tax revenues increase with an increase in GDP and expenditures fall because of the decrease in  unemployment and welfare cost so, all else being unchanged, the deficit  will decrease , and the decrease will be bigger than the revenue increase.

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