Fair shares - Atlantic: "
The 'Fair' question: If we must raise taxes, where should we start?" Yes, the rich could pay more in taxes but relying on a small sliver of the population leads to
high volatility in revenues. And, no, we shouldn't put the burden on the poor but shouldn't every American pay
something for the government? After all, what incentive is there for limiting the size of government when 45% of Americans don't pay for it?
That said, I agree with this line: "
The most reasonable tax fix is the solution neither party wants to talk about. It's higher taxes, across the board, including for the middle class." Or we can keep borrowing
40 cents for every dollar we spend.
7 comments:
...Or we can admit that we have a spending problem, not a revenue problem.
Yes, it's true that spending under Obama has increased something like 20%. Getting back to spending levels of five years ago would go a long way.
Another part is that the surplus that used to go into Social Security was used to hide the size of the deficit; now the money is going out of the Trust Fund and the jig is up.
And obviously, the people who profited from that surplus being drained and misused must not be the ones obliged to repay it. The people who need to take the loss are the ones who had that money taken from them. Fair is fair.
"And obviously, the people who profited from that surplus being drained and misused must not be the ones obliged to repay it."
Well, unfortunately people like Ted Kennedy are dead, and we'll never get back the 18 Thousand Trillion Bazillion he wasted.
When I went outside this morning, I found that one of my roof gutters had fallen off. KENNEDY!!!
Was he drunk gutter-hanging again?
My teeth hurt. Stupid Kennedy!
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