DesideriScuri -> RE: A radical proposition. (12/31/2012 12:04:36 PM)
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quote:
ORIGINAL: DarkSteven quote:
ORIGINAL: Yachtie Tax increases will not cover the current needs. It will taker massive spending cuts. Tell me DS, is Obama even discussing this? Is he or the dems actually putting what's needed on the table? You're not getting it. You're focusing on getting your way. I'm focused on having a functioning system again, not something that will shut down if a minority does not get their way. We've run deficits before. I don't like it, but it won't destroy the world if we continue to do so. Trashing our bond rating will NOT help things. Again, refusing to deal in good faith unless you get 100% of what you want is NOT the way to resolve anything. The only real reason the Dem's are prepping to blame the GOP for everything is because they aren't willing to negotiate to meet the GOP. Boehner proposed tax increases and the Dem's decried them. Okay, fine. Take 'em back. Apparently, neither side is willing to bend over enough to meet the other side. How 'bout we just pass the Simpson-Bowles plan and work from there? Neither side really likes it, but it's not terribly slanted one way or the other. The problem is that we can't continue to incur more and more debt indefinitely. You aren't going to tax our way out of this. That's simply ridiculous. And, we aren't going to cut spending enough to realistically do it, either. It is going to take revenue increases and expenditure decreases. We need social welfare program reform. We need defense spending reform. We need to stop porkbarrel projects. All of them. We need to cut all the loopholes. All of them. I'd have no problem with all the tax cuts sunsetting and all loopholes cut. We didn't get where we are by cutting taxes for the uber-rich. We aren't going to get back to fiscal sanity by increasing taxes on only the uber-rich. We aren't going to get out of this by jacking up taxes on the uber-rich. Everyone needs to contribute. If that means that everyone has to rely on themselves more than they do now, so be it. If that means that everyone needs to contribute more tax dollars than they do now, so be it. I would argue that a progressive tax system like the brackets we have isn't equal protection under the law. I would argue that only a flat tax or National Sales Tax system does that. I would love to see us start to work our way there. I think the logical first step is to jettison all loopholes and/or sunset the Bush Tax Cuts (and the Obama tax cuts). Step two would be to start hacking the living shit out of spending, across the board. And, you can't count limiting spending increases as spending cuts, either. It has to be cut now, and start now. No more of this horseshit 10 year plan to cut taxes with the last 5 or 6 years heavily backloaded with cuts. Everything has to start now. Also heard on the news that Obama will look to reverse all the changes due to going over the cliff as soon as Congress is back in session. So, going over the cliff isn't necessarily that scary.
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