I agree with all of that. Now let's add taxes and make the road to not being in debt faster. http://www.businesspundit.com/12-countries-with-the-highest-lowest-tax-rates/ Some of the best economies in this world have very high taxes. Also, the American economy has had it's best moments when tax rates were higher. And when you increase taxes, you can pay for programs that many of us have come to love (social security, Medicare, etc).