JimBowie1958
Old Fogey
- Sep 25, 2011
- 63,590
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The obvious solution is to give both sides a fig leaf by adopting the tax hikes on the 'rich' while providing tax deductions based on job creation in the states that makes the effective tax rate lower. These deductions could apply to corporations based on how many Americans they employ and to private individuals based on how many Americans or percentage thereof their employer employs.
In fact a tax deduction for employees was stripped out of the tax code in the 1984 tax 'reform'. (Isnt it funny how all these *reforms* benefit corporations and kick Joe Sixpack in the 'nads? Maybe Joe should watch less sports and pay more attention to what is happening politically, but then that is why we have so much corporate sponsored sports and other entertainment.) By hiking the tax rates but still allowing for deductions that help average Americans to get jobs, its win, win all around.
But this compromise will never happen. The two party duopoly has succeded in making political theater a permanent fixture of American politics. Both sides know that such a compromise will get their balls roasted on a spit by their respective party polarized fanatics.
And so, the short version: get ready for a self-inflicted economic depression with a collapse of the stock markets and runaway inflation as the US dollar loses world reserve currency status.
Merry Fucking Christmas.
In fact a tax deduction for employees was stripped out of the tax code in the 1984 tax 'reform'. (Isnt it funny how all these *reforms* benefit corporations and kick Joe Sixpack in the 'nads? Maybe Joe should watch less sports and pay more attention to what is happening politically, but then that is why we have so much corporate sponsored sports and other entertainment.) By hiking the tax rates but still allowing for deductions that help average Americans to get jobs, its win, win all around.
But this compromise will never happen. The two party duopoly has succeded in making political theater a permanent fixture of American politics. Both sides know that such a compromise will get their balls roasted on a spit by their respective party polarized fanatics.
And so, the short version: get ready for a self-inflicted economic depression with a collapse of the stock markets and runaway inflation as the US dollar loses world reserve currency status.
Merry Fucking Christmas.