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All we gotta do is roll back the tax cuts of the Bush II administration.
That's why we fell back into deficeit spending to begin with.
Absolute nonsense.All we gotta do is roll back the tax cuts of the Bush II administration.
That's why we fell back into deficeit spending to begin with.
Here is a simple way to pay off the debt:
Stop spending so damn much
Nice sherlock, but that's not going to magically get rid of the debt we currently have. At some point, taxes are going to have to be raised. War doesn't pay for itself.
All we gotta do is roll back the tax cuts of the Bush II administration.
That's why we fell back into deficeit spending to begin with.
Absolute nonsense.All we gotta do is roll back the tax cuts of the Bush II administration.
That's why we fell back into deficeit spending to begin with.
First off, the demographic makeup of the nation meant that entitlement spending (2/3 of the budget) was on track to explode beginning in 2002...Shrubbie's puny and timid tax cuts aren't but spit in the ocean compared to that fiscal time bomb.
Secondly, the chief problem with deficits is and always be runaway spending and bloated bureaucracy, not lack of expropriation of Americans' productivity.
All we gotta do is roll back the tax cuts of the Bush II administration.
That's why we fell back into deficeit spending to begin with.
Sure... if you start taxing the ~50% that do not pay income tax now at the same rate as the highest tax bracket
Betcha then you will see the DEMs and uber-lefties screaming for the tax cut
All we gotta do is roll back the tax cuts of the Bush II administration.
That's why we fell back into deficeit spending to begin with.
Sure... if you start taxing the ~50% that do not pay income tax now at the same rate as the highest tax bracket
Betcha then you will see the DEMs and uber-lefties screaming for the tax cut
Now you're talking a VAT tax. That's the Dems solution.
It will work in the short run but then the Dems will start dreaming up new ways of spending all of the new revenue.....then much to their chagrin...they'll have to unwillingly start raising the rate to pay for it. So sorry folks.
Obama said a Value Added Tax would be NOVEL.....then he said it's worked in European Countries.
Excuse me.......isn't something novel something that hasn't been tried before????
Is this guy an idiot or what?
So far Obama has given us a tiny tax cut on our income taxes but he has at the same time raised at least 6 separate taxes on goods and services including tax increases on cigarettes, booze, soda-pop, tourism, etc.
All we gotta do is roll back the tax cuts of the Bush II administration.
That's why we fell back into deficeit spending to begin with.
Obama has always been happy to boast that he'll let the Bush tax cuts on high-end earners expire at the end of this year. This blow for justice will initially generate all of about $40 billion annually, or only about 5 percent of the cost of Obama's stimulus bill. Over 10 years, it will raise almost $700 billion, or only enough to cover about half of the budget deficit this year alone.
(more...)
Read more: Tax hikes forever - NYPOST.com
Here is a simple way to pay off the debt:
Stop spending so damn much
Nice sherlock, but that's not going to magically get rid of the debt we currently have. At some point, taxes are going to have to be raised. War doesn't pay for itself.
Now you're talking a VAT tax. That's the Dems solution.
It will work in the short run but then the Dems will start dreaming up new ways of spending all of the new revenue.....then much to their chagrin...they'll have to unwillingly start raising the rate to pay for it. So sorry folks.
Obama said a Value Added Tax would be NOVEL.....then he said it's worked in European Countries.
Excuse me.......isn't something novel something that hasn't been tried before????
Is this guy an idiot or what?
So far Obama has given us a tiny tax cut on our income taxes but he has at the same time raised at least 6 separate taxes on goods and services including tax increases on cigarettes, booze, soda-pop, tourism, etc.
"For his first 15 months, Mr. Obama has pounded away at four domestic initiatives. All four economic stimulus, health care, Wall Street regulations and energy policy reflected priorities of important Democratic constituencies."
Reduction Is Theme Of President’s Next Act - The Caucus Blog - NYTimes.com