OMG Its not that serious, Its the Clinton Tax Rates

If they asked you, which options would you support:

  • Let all the Clinton rates take effect, they worked well before.

    Votes: 10 71.4%
  • Cut Defense by the 10% sequestration

    Votes: 8 57.1%
  • Tweak SS by means testing & raising eligibility age by one year

    Votes: 4 28.6%
  • Fix Medicare by making everyone pay for service, can't pay then die MF

    Votes: 1 7.1%
  • New Wall Street transaction tax, make them long term investors

    Votes: 4 28.6%
  • Big tax increase on derivatives and short sales, losses not deductible

    Votes: 3 21.4%
  • Raise capital gains tax rate

    Votes: 4 28.6%
  • Make these tax increases in two steps 2013 & 2014

    Votes: 1 7.1%
  • Keep subsidies for milk but not for oil

    Votes: 7 50.0%
  • Support the US dollar and avoid S&P downgrades-lower debt ceiling

    Votes: 7 50.0%

  • Total voters
    14
Bush gets blamed for using the Chinese Credit card and maybe rightfully so up until 2008 when the democrats took control. After that the MASSIVE debt racked up is all the unpatriotic Obama and the Dems. I say unpatriotic because that is what Obama said.

The tax rates during Clinton worked well? Hardly. He rode the biggest peacetime economic expansion in history that REAGAN started. He rode it right to the recession he handed GWB which GWB handled much better then has BHO.
 
Congresses, dem and pub, are as much to blame as Bush and Obama.

Cut the spending! Raise taxes: Reagan did it three times!
 
Homosexuals are the only good 2%

The 2% (6.3 million people) of wealthy prosperous households, the vast majority of whom are NOT millionaire, are now criminalized.

How American is that??

Look at Europe if you want a lesson: they went after the rich but it was never enough. Now the first thing they do to deal with any fiscal crisis is raising the VAT: 21 of 27 EU nations have raised the VAT in the last 4 yars. Right now, according to Eurostat, 82% of government revenue in the European Union comes from taxes on labour and consumption.

The U.S. spending as a share of GDP is now 38% (including state and local spending). Only 4 points lower than in Germany (19% VAT). If you want to keep that level of spending in America there is no enough rich people in the world to pay for it. This level of spending (which is getting closer and closer to European levels) needs higher taxes on everyone.
 
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Bush gets blamed for using the Chinese Credit card and maybe rightfully so up until 2008 when the democrats took control. After that the MASSIVE debt racked up is all the unpatriotic Obama and the Dems. I say unpatriotic because that is what Obama said.

The tax rates during Clinton worked well? Hardly. He rode the biggest peacetime economic expansion in history that REAGAN started. He rode it right to the recession he handed GWB which GWB handled much better then has BHO.

The tax rates under Clinton DID WORK WELL. Reagan borrowed way too much, which is why Papa Bush was a 1-termer. Reagan spent way too much on defense. A better conservative argument is that Newt and the GOP congress cut spending and actually created the surplus.

The truth is that the combination of Clinton Tax Rates and Newt's reduced spending created the surplus and prosperity.
 
Cut the spending, raise taxes to Clinton rate.

Homosexuals are the only good 2%

The 2% (6.3 million people) of wealthy prosperous households, the vast majority of whom are NOT millionaire, are now criminalized.

How American is that??

Look at Europe if you want a lesson: they went after the rich but it was never enough. Now the first thing they do to deal with any fiscal crisis is raising the VAT: 21 of 27 EU nations have raised the VAT in the last 4 yars. Right now, according to Eurostat, 82% of government revenue in the European Union comes from taxes on labour and consumption.

The U.S. spending as a share of GDP is now 38% (including state and local spending). Only 4 points lower than in Germany (19% VAT). If you want to keep that level of spending in America there is no enough rich people in the world to pay for it. This level of spending (which is getting closer and closer to European levels) needs higher taxes on everyone.
 

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