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View Diary: Newt Gingrich says his effective tax rate is 31%, proposes lowering it to Mitt Romney's 15% (69 comments)

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  •  GOP candidates are real geniuses (NOT!) (0+ / 0-)

    On average over the last half century it has cost 22% of GDP each year to fund the United States.  (That is 22% of GDP not just income.)  So how do they come close to  balancing the budget by lowering income tax to a flat 15%?  How much are these geniuses willing to cut out of the budget to balance the budget with their measly flat tax?   Perhaps by slashing all the unfunded pensions and benefits that are now doled out to veterans?

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