Comments on: Obama’s new plan may actually rely 60 percent on tax increases

By: hsvkitty

hsvkitty — Mon, 18 Apr 2011 22:48:18 +0000

@mailo24, anyone who doesn’t think as you do is crazy…. right? And “down with social programs!” (until it is you who are sick, injured, unable to work, laid off, fired, retired etc etc etc)

By: breezinthru

breezinthru — Mon, 18 Apr 2011 13:51:28 +0000

There are really only two questions to consider.

Do you think America should pay its debt?

Where can government come up with that kind of money?

Consider that there are about 300 million people in the US. About 150 million Americans are children, retired, disabled, etc. That leaves 150 million to pay America’s bills. age or disability.

Depending which data you care to use, 15 to 30 million of these workers are unemployed. 75 million workers make less than 25K per year. 40 million Americans are on food stamps.

Now revisit the first two questions I asked and don’t be surprised if the answer to the second question now includes you.

By: zotdoc

zotdoc — Mon, 18 Apr 2011 13:16:17 +0000

FLAT TAX, Term limits. Problem solved.

By: OldBull

OldBull — Mon, 18 Apr 2011 01:18:06 +0000

Acetracy, do you have even a shred of evidence to support your wild assertions? “The simple truth is that the total Federal deficit…is equal to the amount of tax savings the upper 1% have seen since 1984 when the post WWII tax rates and brackets were changed. If the upper 1% were paying 70% income taxes and hedge funds and Wall Street traders were paying 70% tax rate on short term cap gains, there would not be a federal deficit.” Simple truth? Where is your simple proof? And what’s your beef with the upper 1%? In the midst of bloviating about all the other taxes you pay, how could you have failed to notice that the “rich” also pay the same taxes, and more of them? Tired of paying so much in taxes? Move to Texas, dude!

By: djaymick

djaymick — Sun, 17 Apr 2011 19:11:23 +0000

Relying on tax increases to close our budget is myopic. Our country has 12 million unemployed people that went from taxpayers to government dependents. The “rich” are the people who drive consumer purchases. When their disposable income drops, due to tax increases, demand for products will go down. This will force companies to downsize again, adding to the government burden.

By: vinlander

vinlander — Sun, 17 Apr 2011 19:10:27 +0000

Let those who own the country pay for it.

By: mailo24

mailo24 — Sun, 17 Apr 2011 17:14:04 +0000

Hello

By: mailo24

mailo24 — Sun, 17 Apr 2011 17:14:01 +0000

Hello

By: mailo24

mailo24 — Sun, 17 Apr 2011 17:08:21 +0000

I swear some of you people are nuts. Raising our taxes is not the solution to the problem. It is time for self responsibility. We need to end with our social programs. No more Social Security, Medicare,HUD,Food Stamps,Medicaid,Public school, and every other hand out the tax payers pay for. Just buy cutting all these programs we will be able to save trillions of dollars and cut taxes. So it’s your choice America we start cutting our programs now and save America or just keep going on the same path to the destruction of America it’s up to you.

By: prisant

prisant — Sun, 17 Apr 2011 16:10:16 +0000

This article and comments are grotesque and miss the entire point. This is NOT a hypothetical numbers assignment at accounting school.

We are talking about performing major open heart surgery on a very ill nation. As always the objective is to salvage the whole patient and restore him.

The author and bookkeepers writing here have decided that the ONLY goal is spending less than needed to maintain the social, political and civil fabric of this nation. Cuts in a vacuum are always meaningless.

These are the same kind of crazy cuts the Republicans proposed in the 30′s Depression.Thank God they were stopped. Today, against blind cutting we have a balanced plan from the President.

But these are more than budgets. They represent each party’s image of government’s role. The GOP says ONLY: “cut and destroy”" . The Democrats now say “Build and Prosper”.

The Ryan plan means the end of the US social fabric and doom. The alternative is to finally seek the light.
And without light there is no future.

For us or this nation.

A S Prisant/COO/Prism Ltd
http://www.wordsmithwars.blogspot.com