Quantum Windbag
Gold Member
- May 9, 2010
- 58,308
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The Times admits taxing the rich is not enough and calls for higher taxes for everyone.
http://www.nytimes.com/2011/08/07/opinion/sunday/the-truth-about-taxes.html
A week later and we are still amazed at how the Republicans in Congress pulled it off. They held the economy hostage, won some cheap political points, and all of us will spend the next decade paying the ransom as government programs $900 billion over 10 years in the first round are slashed and the recovery is put at risk. The only glimmer of hope is that the battle is not completely over if President Obama is finally willing to fight.
Under the terms of the ill-conceived debt agreement, Congress has to propose another $1.5 trillion in deficit reduction measures by December. Just to ensure that rationality does not have a chance, Republican leaders said they would not put anyone on the deficit-cutting super-committee who might entertain the idea of raising taxes.
A week later and we are even more amazed by the failure of Mr. Obama and the Democratic leadership to stand up to this intransigence. If they do not start pushing back, with the same ferocity, the results will be disastrous.
LET THE BUSH CUTS EXPIRE
MAKE REAL REFORMS
TARGET TAX BREAKS AND LOWER RATES
OTHER TAXES
http://www.nytimes.com/2011/08/07/opinion/sunday/the-truth-about-taxes.html