Freemason9
Gold Member
- Aug 14, 2012
- 2,477
- 280
- 130
Romney wants to "flatten" the tax rate.
There is only one way to do that--you lower the rates for the wealthiest Americans, and increase the rates for the bottom 90%.
Romney will, indeed, raise the tax rates of most Americans if he is elected. He will tell you he is lowering taxes as he does so,
just like Reagan did.
As opposed to what Obama is doing to "most Americans" as his borrow and spend policies have led to inflation and increased debt?
Every time that we print more dollars in order to finance our out of control Federal spending it makes the dollar that you have in your pocket worth less money. Look at the prices of everyday items that "most Americans" have to buy and tell me that they aren't ALREADY paying a hidden "tax".
There is no solution to this problem, Oldstyle. If the federal debt must be repaid, we had a golden opportunity to do it using Clinton's tax structure. The Bush team--and the Republican Party--thought that "deficits don't matter," and thus began the modern resumption of the massive Reagan deficits. You guys need to make up your minds.
Politicians that are honest--those that admit we must increase federal revenues AND decrease federal spending--are unelectable; hence, there is no solution. Besides, you should remember that capitalism requires basically infinite economic growth, economic growth requires a corresponding growth in the money supply, and we increase our money supply by issuing debt.
I'm just sayin'.