With Democratic and Republican politicians instituting Tax cuts in times of Global inflation and global price hikes,American may be in for a huge deficeit situation at some point in the future. All this talk of Tax cuts for all Americans, is just a political gimmick aimed at getting politicians elected to public office. What America really needs, is an across the board tax hike, so that the American government will be properly funded in the future. Right now, the American government is paying out more than it is taking in. If this continues, it will be a recipie for future economic disaster.