A measure of racism: 15 percent?

[Act of God]

The only problem is that the government is deep in debt, and every time they cut taxes, they borrow more $$$ and increase the National Debt.

Look at what this guy has to say (he's the recently retired head of the GSA--the US Comptroller) and tell me the US should cut taxes and borrow $$$:
http://youtube.com/watch?v=QxoP_9W6FC8

You do realize it is possible to cut taxes and DECREASE spending right?

[Tock]

You do realize it is possible to cut taxes and DECREASE spending right?

Ya, like that's ever happened in the past, or ever will happen in the future.

First thing that needs a tax increase is gasoline. Right now the federal tax on a gallon of gasoline is about 20 cents. At $3.50 a gallon, that's only about 5.7% tax. That's not anywhere near enough to pay for the military effort it takes to keep foreign oil available to the USA, plus pay for research to find and produce a reliable substitute energy source. IMHO, the gas tax needs to be raised (over time) to 50% of the retail price, and a minimum of $1 a gallon, increasing over time with the rate of inflation. State taxes should be similarly raised to pay for roads, bridges, air pollution efforts, etc.

The increase in cost ought to result in wiser use of fuel, and reduce dependance on foreign oil, and raise $$$ to offset military expenses and etc. And the people who would pay would be the people who create the need for foreign military intervention and new fuel sources.

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And there's lots other things that need to paid for, like the National Debt, interest on the National Debt (there's no getting around paying that), and social programs, infrastructure, national security, etc etc etc. There's no way that cutting taxes would raise enough $$$ to pay for everything that needs to be paid -- at least until the USA learns how not to be the planet's policemen, pays off its debt, and figures out how to fund all the social programs we want.

The short answer to your question is, then, No. For practical reasons, it is not possible, in the current circumstances, to cut taxes and reduce spending.