Big name CEOs: Cut spending AND raise taxes

Discussion in 'Politics' started by Inthemiddle, Oct 25, 2012.

  1. Inthemiddle
    Offline

    Inthemiddle BANNED

    Joined:
    Oct 4, 2011
    Messages:
    6,354
    Thanks Received:
    674
    Trophy Points:
    0
    Ratings:
    +674
    CEOs Call for Deficit Action - WSJ.com

    Chief executives of more than 80 big-name U.S. corporations, from Aetna Inc. AET +1.09%to Weyerhaeuser Co., WY -0.94%are banding together to pressure Congress to reduce the federal deficit with tax-revenue increases as well as spending cuts.

    The CEOs who signed the manifesto deem tax increases inevitable no matter which party succeeds at the polls in November. "There is no possible way; you can do the arithmetic a million different ways" to avoid raising taxes, said Mark Bertolini, CEO of Aetna. "You can't tax your way to fix this problem, and you can't cut entitlements enough to fix this problem."


    You are now free to spin the yarn.
     
  2. Grampa Murked U
    Offline

    Grampa Murked U Diamond Member

    Joined:
    Jun 13, 2011
    Messages:
    47,719
    Thanks Received:
    8,800
    Trophy Points:
    2,055
    Location:
    Kansas City
    Ratings:
    +23,986
    They said to raise taxes by lowering the rate, cutting write offs thereby broading the base which would increase the revenue brought in.

    That IS Romney's plan.
     
  3. Inthemiddle
    Offline

    Inthemiddle BANNED

    Joined:
    Oct 4, 2011
    Messages:
    6,354
    Thanks Received:
    674
    Trophy Points:
    0
    Ratings:
    +674
    Yeah, that's ROMNEY'S plan. But that's not what the CEOs said. They said nothing of the sort.
     
  4. buckeye45_73
    Offline

    buckeye45_73 Lakhota's my *****

    Joined:
    Jun 4, 2011
    Messages:
    17,094
    Thanks Received:
    1,761
    Trophy Points:
    280
    Ratings:
    +6,191

    so what did they say, I'm too lazy to sign up to view it......and looking at you OP they said you couldnt tax you way
     
  5. Cowman
    Offline

    Cowman Cows Have Liberal Minds

    Joined:
    Nov 6, 2011
    Messages:
    4,713
    Thanks Received:
    552
    Trophy Points:
    155
    Ratings:
    +725
    Cut spending, raise taxes to reverse and fix the deficit. Lower taxes once the national economic situation is fixed.
     
  6. Grampa Murked U
    Offline

    Grampa Murked U Diamond Member

    Joined:
    Jun 13, 2011
    Messages:
    47,719
    Thanks Received:
    8,800
    Trophy Points:
    2,055
    Location:
    Kansas City
    Ratings:
    +23,986
    That is what they said. Some of them were interviewed on the Fox Business channel today and those were their exact words. Short simple and honest.
     
  7. buckeye45_73
    Offline

    buckeye45_73 Lakhota's my *****

    Joined:
    Jun 4, 2011
    Messages:
    17,094
    Thanks Received:
    1,761
    Trophy Points:
    280
    Ratings:
    +6,191

    I just laugh at how liberals get owned over and over....even by their own posts or sources
     
  8. Grampa Murked U
    Offline

    Grampa Murked U Diamond Member

    Joined:
    Jun 13, 2011
    Messages:
    47,719
    Thanks Received:
    8,800
    Trophy Points:
    2,055
    Location:
    Kansas City
    Ratings:
    +23,986
    Some people will just never admit you can raise tax revenue without raising rates.
     
  9. OKTexas
    Offline

    OKTexas New Life Member of the NRA 12/15 Supporting Member

    Joined:
    Sep 13, 2012
    Messages:
    24,189
    Thanks Received:
    3,766
    Trophy Points:
    290
    Location:
    Near Magnolia, TX
    Ratings:
    +11,312
    No wonder the op didn't understand, libs don't do "Short, simple and honest"
     
  10. Inthemiddle
    Offline

    Inthemiddle BANNED

    Joined:
    Oct 4, 2011
    Messages:
    6,354
    Thanks Received:
    674
    Trophy Points:
    0
    Ratings:
    +674
    :confused: It wasn't requiring a subscription earlier. Crap, I'll have to see if I can find it elsewhere online. But in a nutshell, they're saying that it will take both tax increases and spending cuts, and they are pressing Congress to do it, and do it now. They also said that they thought the Simpson-Bowles figures of $3 in reduced spending for every $1 of increased taxes was a good starting framework.
     

Share This Page