DesideriScuri
Posts: 12225
Joined: 1/18/2012 Status: offline
|
quote:
ORIGINAL: Hillwilliam quote:
ORIGINAL: DesideriScuri quote:
ORIGINAL: Hillwilliam You cant pay off debt without some combination of increasing income and decreasing spending. That all depends on how much you're spending and how much income is there. Considering we're at record levels of income, can't you even imagine that it would be possible to cut back on spending? I'm willing to bet that you were pissed at W's spending, so you have to be beside yourself with the level of Obama's spending. That being said, I'm with Boehner in not raising the tax rates. Like him, I am also okay with loopholes being cut. Would this not constitute an increase in income? Other than defense, where are you going to make cuts? Wouldn't cutting loopholes effectively be a tax increase? As for increased spending, yes, I am pissed. A tax increase, yes. A tax rate increase, no. It can be said to be an increase in the effective tax rates, but that's nothing more than some statistical argument. The tax brackets aren't being changed, so there is no rate increase.
_____________________________
What I support: - A Conservative interpretation of the US Constitution
- Personal Responsibility
- Help for the truly needy
- Limited Government
- Consumption Tax (non-profit charities and food exempt)
|