Steven P. McNicoll wrote:
"devil" wrote in message
news

When you cut taxes without reducing spending, where does the shortfall
come from?


You're confusing tax rates with tax revenue. Reagan cut tax rates, tax
revenue then rose, rising tax revenue does lead to deficits.

You were on a roll until you said that rising tax revenues leads to
deficits.That can only happen if you spend more money than you've taken in, and
the difference between the two is the deficit.
Econ. 101.

George Z.