No, the tax cuts prevented the revenues from rising as much as they would have otherwise. There is no doubt that capital gains tax rates need to be increased.It's time to look at capital gains again, I have said that many times, but those cuts did increase revenue at the time.
The Democrats even tried to stop it and the GOP blocked them:Help me with your reference to outsourcing incentives, please.
GOP, U.S. Chamber Of Commerce Beat Back Bill To Combat Outsourcing
The majority of Democrats voted against the war in Iraq, and are calling for increasing spending on the military again, unlike the Democrats have proposed cutting spending for the military. I think we need spending cuts rather than the spending increases that Romney is calling for.So, my argument is that they did a poor job of handling our money and your counterpoint is that they should be leading the world?
I was for Gore's plan for locking SS funds when he first brought it up but people decided to go with the guy they thought they would rather have a beer with instead.My position is that those funds should be locked away and you are saying that we might as well throw it into FIT because the government overspent and use it as another way to tax people more for the general fund.
I understand the Democrats have a new plan to lock the SS funds, I am glad to hear that you are in support of their plans for locking the funds!