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- #221
President Barack Obamas plan to make the tax code more fair by permanently raising taxes, on the top 1% by $1.5 trillion over 10 years.
Yet we have a Government that over spends more than a 1 trillion every year.
Bringing in 1.5 trillion over a 10 year period, is not going to help at all to bring down the spending in Washington.
Our Government brings in a little over 2.2 trillion every year and only 53% pay taxes.
2 trillion is more than enough for our government yet they spend 1 trillion more.
When does the growth stop? Each and every year government has gotten bigger and bigger and borrowed more and more.
Government has grown to an unsustainable amount and needs to be cut back.
They need to spend what they bring in and not borrow any more until we get our deficit down.
Raising taxes on the rich is not going to remedy the problem.
But the other reason why the deficit is so large is because there isn't enough revenue. Tax rates for the wealthy are at their lowest point. What we need to do is stop government spending and raise taxes. Not just on the rich but the lower brackets as well.
There is an UNGODLY amount of revenue.... It is a goddamn spending problem...
It's like telling a person making 500K a year, with 5.5MIL in debt, that he is not making enough money or that he's a low earner and needs to make more... No.. The stupid motherfucker needs to live within his means... and this stupid motherfucking government needs to spend within it's means
Ungodly? Not even close.