$620 Bil in tax hikes, only $15 bil in spending cuts

Discussion in 'Politics' started by Wiseacre, Jan 1, 2013.

  1. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    Oh yeah, that'll fix the deficit alright. Obama is saying the next battle over the debt ceiling has to have more tax increases, be interesting to see how that goes. I'm thinking after this deal the GOP will have a lot of support for more spending cuts, but not so much for the Dems and their higher taxes. Maybe they'll do some reform of the tax code, which would be a good thing IMHO. I'd like to see 'em do something about business taxes, which are currently the highest in the world.
     
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  2. WillowTree
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    WillowTree Diamond Member

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    I keep saying, the sooner we hit bottom the better! :eusa_whistle:
     
  3. Oddball
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    Oddball BANNED Supporting Member

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    What spending cuts?
     
  4. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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  5. RightNorLeft
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    RightNorLeft Senior Member

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    I used to believe that too...until I found out that most major corporations pay zero to very little in taxs...in 2010 the top 10 richest corporations paid ZERO in Federal taxs because of loopholes and off shore crap and shennanigans. They get no more tears from me.
    I can say my tax rate is 90% but who cares I dont pay anything its all bs...if theres a change in the tax code it should be to end all loopholes and subsidies
     
  6. LadyGunSlinger
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    LadyGunSlinger Conservative Babe Supporting Member

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    What an absolute joke!
     
  7. GoneBezerk
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    GoneBezerk BANNED

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    Democraps are don't want to cut shit since that is their lifeline of keeping the fat Govt open and the FREE stuff going out to their supporters.

    This won't change until the GOP wins back the White House and/or Senate.

    The debt limit is the only card the GOP holds over the Democraps, they own the credit limit on the credit card and they shouldn't let Junior in the White House get his hands on it later this month.
     
  8. LadyGunSlinger
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    LadyGunSlinger Conservative Babe Supporting Member

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  9. J.E.D
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    J.E.D What's tha matta?

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    Elections have consequences. Deal with it.
     
  10. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Get rid of the corporate income tax altogether and you'll see an unprecedented economic boom in this country.
     

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