xsited1
Agent P
Good for Simpson. He's absolutely right. Saying that taxes cannot go up under any circumstances says the GOP aren't serious about the deficit.
There is no reason for taxes go up. Everyone in this country pays more than enough as it is.
There are very good reasons for taxes to go up. 70% of our budget is SS, Medicare and defense. These are popular. But we aren't paying for them. You could shut down everything else and we still wouldn't balance the budget. Americans live in this fantasy land that you can fire a bunch of government employees, end all foreign aid and shut down a few government agencies and Voila! everything will be fine. Sorry. Math doesn't work. If you think we shouldn't have SS or Medicare or spend more on the military than the next 25 countries in the world combined, fine. Let's have that debate. But we cannot continue living in a fiscal fairy tale. If we want lower taxes, kill those programs. If not, raise taxes.
Keep taxes where they are for now. Begin by reforming SS. Bill Clinton proposed a few ideas back in the 90s like increasing the retirement age and partial privatization. Defense is easy to cut considering our troops are scattered throughout the world. Just bring them home. And several money-saving ideas for Medicare have already been proposed. The fact that anyone is even considering raising taxes is absurd. Politicians usually want to grow government. The people need to put an end to this. It's not a fiscal fairy tale as you believe.