.. And Owebama has vowed to veto 'fiscal cliff' bills without it.
Who caves, or do we really get Taxmageddon?
I say give the people what they voted for, which is the fiscal cliff.
Boehner Exclusive: Raising Tax Rates 'Unacceptable' but New Revenue on Table - ABC News
While I think it is silly for him to rule out any Tax Increases right off the bat. I find it equally crazy that Obama and his supporters actually believe we can solve our Deficit Problems by Taxing the Rich "a little bit more"
Simple math proves that Fallacy. The only real path out of this hole is Robust Economic Growth which will translate into Growth of the Tax base.
Hard choices will have to be made, Real Reforms will have to be made. Most likely we will all still end up having to pay more in Taxes, but we can't tax our way out of this spending. The Lions share of the work of fixing this will have to be done by controlling spending, Reforming Entitlements, and Creating the Conditions for Robust Private Sector Growth.
But then I am not sure why I am bothering. There is not anyone in DC who really care about anything further than the next election away, and therefore nothing will get done. We will continue to march toward the inevitable collapse.
Woooot!