A balanced budget amendment
A line item veto amenndment
replace income tx with a national retail sales tax
Raise taxes on the rich
Raise taxes on the middle-class
Raise taxes stealthily in the form of fees, a federal lottery, etc.
Nationalize oil and natural gas on federal land and get into the enegry business like Saudi Arabia
Cut federal spending
Sell services to prizate industry at a profit, privatize then tax them
Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
"True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero
Spending cuts need to be the largest factor, we are spending far too much and it isn't sustainable. Tax increases would be foolish in my opinion. I would support eliminating some tax loopholes, but not increasing taxes on anyone (especially during an economic downturn). First and foremost though, there needs to be drastic spending cuts.
Tired of elections being between the lesser of two evils.When the debate is lost, slander becomes the tool of the loser. -Socrates
How many decades have we heard that? How many politicians have cried that?
For years now politicians of both parties have been Sandusking us. Then they retire from office and with the crazy luck of landing a job as a lobbyist with a corporation they helped and so it goes on and on.
Last edited by ttwtt78640; 07-14-12 at 11:38 AM.
“The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman
Your statement that cutting taxes does not increase the deficit is arguable; it is very, very far from axiomatic, which you imply. While its ok to hold the position that reducing taxes does not affect the deficit, you have to recognize that it is only a position. Given, that the statement is contrary to logic (reducing taxes acts first to reduce receipts and therefore widen the deficit) the burden of proof is on you to support that statement.
What is insincere and ignorant is thinking you can just make such a broad statement, pound your chest and think you have the truth. You are trumpeting a belief system that is in the minority and frankly illogical, its really up to you to support your claim. Good luck, however, as there is very little to no evidence supporting this assertion.
Please honor the intelligence of other people on this forum and step up your game with intelligent comments and evidence supporting your statements. You can help yourself here by presenting the work of an established economist. If you can not do this then stick to posting things you know something about.
Last edited by upsideguy; 07-14-12 at 12:00 PM.
I don't know if we have the wiggle room to cut taxes right now. We may be at the other end of the Laffer Curve.
What might be a big help is if the Feds stopped suing people like Boeing for Creating Jobs or shutting down Gibson Guitars for creating jobs or running oil rigs out of the Gulf on a whim or similar anti business moves.