How about this: Cut spending and Raise taxes 2-5% on the top 1%

Discussion in 'Politics' started by ClosedCaption, Mar 13, 2011.

  1. ClosedCaption
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    ClosedCaption Diamond Member

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    That way we dont slash programs to the bone that are needed to keep society going and the rich wont be hurt by an extreme tax increase. Then we can climb out of the deficit twice as fast.

    Can we do two things at once? Or is any tax increase socialism?
     
  2. Oddball
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    Oddball BANNED Supporting Member

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    How 'bout we cut spending back to 1990 levels and leave the tax structure as is?
     
  3. Stephanie
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    Stephanie Diamond Member Supporting Member

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    Oh wow, another novel idea. RAISE TAXES.
     
  4. rdean
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    rdean Guest

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    According to the right, the only way to "grow" the economy is to cut SS, cut Medicare, double the military budget and cut ALL taxes for corporations and those making over a million a year.

    Then we will see the kind of growth we saw for 8 years under Bush.
     
  5. ClosedCaption
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    ClosedCaption Diamond Member

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    And cut spending! How bout it?
     
  6. ClosedCaption
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    ClosedCaption Diamond Member

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    But that won't take care of the deficit. That would just cut spending and leave the deficit where it is now.
     
  7. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    How bout we do this..

    BEFORE you cut taxes you cut spending first. Then you use the surplus to justify the tax cut
     
  8. Oddball
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    Oddball BANNED Supporting Member

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    The deficit is brought about by too much spending.

    The debt is where it is and cannot ever really be repaid.
     
  9. gekaap
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    gekaap BANNED

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    You mean to astronomical Reagan era spending?
     
  10. thereisnospoon
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    thereisnospoon Gold Member

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    The social spending is not the actual problem. It is the administration of those programs that drives the cost to absurd levels.
    So, there are two solutions. One, slash social spending or ,Two, slash the employment within the departments that administer the programs. Either way these budgets must be reduced.
    One other issue regarding social spending, that is to enforce the rules and regulations to the letter and start prosecuting all who game the system.
    Social programs do not "keep society going".. They have for nearly 8 decads of mismanagement, waste , fraud and level upon level of bureaucratic nonsense, have created a permanent underclass of downtrodden and in some instances entitled people who's participation in receipt of social entitlements goes back many generations.
    If you really want to "keep society going", find another way. Perhaps social funding should be spent on education and job training rather than teaching people that a taxpayer funded permanent vacation is a great way to live.
     

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