Taxes were cut from 80% to 28% and then raised back up to 38%. That still left 42% of the tax cuts from 1981 in place. We need to cut military spending again. Bush doubled it and started two wars. While I never cared for Clinton, he was the first president since the 1981 tax cuts (they all used SS to offset debt) to have a budget surplus.Raised taxes slightly? It was the largest tax increase ever in our country. He cut defense spending drastically, raided SS to help balance his budget, and with all that .. still the debt ran up to the tune of 1.5 trillion dollars.
Right, because the rich were still getting their 42% tax break from 1981.Now I'll give you that was better then any recent president. But 1.5 trillion more in debt is nothing to sneeze at either.
It only rose for the rich. The middle class standard of living has declined, and the national debt grew because we no longer had enough revenues to pay the bills. Yes, spending cut have to be made, but spending cuts will not be enough and they will no address the inequality created by the tax cuts for the wealthy.Face the facts, revenue rose nearly every year since 1980, and spending rose even more. It's not a taxation problem … it's a spending problem.
Those that want to leave can leave. My guess is no more will leave than have withdrawn their taxable income already. The middle class survived from 1944 to 1981 with a progressive tax system much better than we have since it was slashed.Go ahead cut them loose, sounds like a great plan, right now the top 1% pays 28% of all taxes paid, now once we cut them loose...... who is going to make up that 680 billion they pay in taxes??
Without education, there will be no one smart enough to create businesses in the future that can compete with the superior education provided in other countries. We have already fallen to the #9 spot in education.I”m not against education, but it doesn't matter how well educated you are, if there are no jobs for that great education to go to.
I have researched it as well. We have the most expensive system and other systems are rated higher in serving everyone. Its only the best if you are rich. 1 in 7 Americans are now poor.Get off your idiotic high horse, I have researched it, and it's breaking more countries then it's not. While our costs are too high, and need fixing, we still have great doctors, hospitals and technology and the people in hospitals receive excellent care. I certainly don't see any of our people leaving this country for health care.
What you failed to notice is that half the country has been suffering for years, while the rich got richer.We all know your opinion as well, and many of us feel that to get out of this everyone is going to have to suffer some.
Last edited by Catawba; 03-17-11 at 08:06 PM.
Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb
Unless we "the government" offer an incentive for businesses to invest in America why would they, if the last 10 years predict the future what do you think is going to happen that going to change the economic slide we are in right now?
Perhaps a better question.......What incentive does private business have to invest in the USA?
Can you name any Democrat Policy in the history of the world, that has encouraged US Businesses to remain in this country?
Clearly the Democrats making this country THE MOST BUSINESS UNFRIENDLY COUNTRY IN THE WORLD.....isnt the "incentive" we were hoping for.Unless we "the government" offer an incentive for businesses to invest in America why would they, if the last 10 years predict the future what do you think is going to happen that going to change the economic slide we are in right now?
more mindless horsepoop- most of the government expenditures are not designed to protect the wealth of the rich and you have provided no proof for that load of manure
you don't increase the middle class by taxing the rich
the income tax was supposed to be temporary
An individual trying to systematically put someone out of business by getting others to not do business with someone, because they don't like their politics, is not fine.
It's sad you are unable to comprehend the difference.