View Poll Results: Should the U.S. raise taxes to pay off the national debt

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  • Yes, a lot

    5 11.36%
  • Yes, a little

    8 18.18%
  • No

    16 36.36%
  • Actually, taxes should be reduced

    11 25.00%
  • Idk

    0 0%
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    4 9.09%
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Thread: Should the U.S. raise taxes to pay off the national debt

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    Should the U.S. raise taxes to pay off the national debt

    The US national debt is constantly rising and approaches 17 trillion. Should taxes be raised to pay it off?

    What's your solution to the problem?

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    Re: Should the U.S. raise taxes to pay off the national debt

    I would go for raising taxes. BUT not until they show that they are willing to actually want to reduce it. They can do that by cutting the 5 biggest spending programs that the government has in half. Until then.... No.
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    Re: Should the U.S. raise taxes to pay off the national debt

    Yes, I think that if we're serious about paying off the national debt, we need to raise taxes. However, I think that bare minimum, every dollar of tax increases should be met by a dollar of spending cuts. Ideally I'd like to see more cuts than tax increases, but I think we're well past the point where either option will solve the problem by itself in a reasonable time frame.
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    Re: Should the U.S. raise taxes to pay off the national debt

    No. Our tax code is a ridiculous spaghetti nightmare. Not even the IRS understands it.

    We don't need nominal tax rate increases. We need dramatic tax code simplification, similar to that which was proposed by Simpson Bowles.

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    Re: Should the U.S. raise taxes to pay off the national debt

    Quote Originally Posted by Canell View Post
    The US national debt is constantly rising and approaches 17 trillion. Should taxes be raised to pay it off?

    What's your solution to the problem?
    Everything should be drastically cut first before even considering the idea of raising taxes. With all this reckless and needless spending going on it is unconscionable to even suggest a tax increase. All foreign aid and other assistance should be cut. All over seas bases should be closed and moved to the US along our borders. We should stop funding CIA programs that interfere with other countries. We should cut funding to NASA and encourage private space missions. Cut all over lapping and outdated agencies. Cut any programs that spies/watches on US citizens,the government has no business spying on its employers. Cut funding to all white house aids and ban white house aids and interns(it is the job of our elected officials to read and understand the bills before voting yes for them, not interns aids or who ever else). Instead of elected officials in DC living in their own apartments or houses in while in DC they should live in barracks similar to what lower enlisted Army soldiers live in and they should eat in chow halls similar to what infantry soldiers(when I was in the army grunts usually had the worst chow halls on post) in the early 2000, and late 1990s ate in(this is mostly to remind every elected official that they are the tax payer's bitch). Cut all grants, that money shouldn't be given out anyways.Let states run the national parks. I am sure other **** can be found that needs to be cut as well.
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    Re: Should the U.S. raise taxes to pay off the national debt

    Quote Originally Posted by jamesrage View Post
    Everything should be drastically cut first before even considering the idea of raising taxes. With all this reckless and needless spending going on it is unconscionable to even suggest a tax increase. All foreign aid and other assistance should be cut. All over seas bases should be closed and moved to the US along our borders. We should stop funding CIA programs that interfere with other countries. We should cut funding to NASA and encourage private space missions. Cut all over lapping and outdated agencies. Cut any programs that spies/watches on US citizens,the government has no business spying on its employers. Cut funding to all white house aids and ban white house aids and interns(it is the job of our elected officials to read and understand the bills before voting yes for them, not interns aids or who ever else). Instead of elected officials in DC living in their own apartments or houses in while in DC they should live in barracks similar to what lower enlisted Army soldiers live in and they should eat in chow halls similar to what infantry soldiers(when I was in the army grunts usually had the worst chow halls on post) in the early 2000, and late 1990s ate in(this is mostly to remind every elected official that they are the tax payer's bitch). Cut all grants, that money shouldn't be given out anyways.Let states run the national parks. I am sure other **** can be found that needs to be cut as well.
    All of this is noble and I agree. However, the biggest culprit to our spending problem is the lack of control of entitlements. All of the stuff you named is more likely to happen, including Senators living in barracks, before that happens.
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    Re: Should the U.S. raise taxes to pay off the national debt

    No, for the very practical reason that if they did raise taxes, they'd just spend more and not use any of it to pay off the debt. They should stop spending so much and learn to live within their means.
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    Re: Should the U.S. raise taxes to pay off the national debt

    I still believe we should replace our current tax system with a flat, deduction free, credit free, no exceptions, progressive tax system. As government expenditures increase or decrease the tax percentage raises or lowers to cover all expenses. Anytime new legislation is passed the tax adjustment to cover it must be included in the bill. I think this would go a long way to cutting government spending. People are a lot less supportive of wasteful or unnecessary spending when they can see how it directly affects their pocketbooks.

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    Re: Should the U.S. raise taxes to pay off the national debt

    Flat or progressive. It's one or the other. Not knocking the concept just want to know if I'm agreeing with what.



    Quote Originally Posted by Baralis View Post
    I still believe we should replace our current tax system with a flat, deduction free, credit free, no exceptions, progressive tax system. As government expenditures increase or decrease the tax percentage raises or lowers to cover all expenses. Anytime new legislation is passed the tax adjustment to cover it must be included in the bill. I think this would go a long way to cutting government spending. People are a lot less supportive of wasteful or unnecessary spending when they can see how it directly affects their pocketbooks.

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    Re: Should the U.S. raise taxes to pay off the national debt

    Quote Originally Posted by specklebang View Post
    Flat or progressive. It's one or the other. Not knocking the concept just want to know if I'm agreeing with what.
    Both


    Progressive brackets based on income but everyone in a particular bracket pays a flat percentage with no deductions or exceptions.

    Just an example:
    (income)

    $0-30K, 3% tax
    $30+k-60k, 6% tax
    $60+k-120k, 9%
    $120+k-200K , 15%
    Ect..

    You get the idea.

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