Harry Guerrilla
DP Veteran
- Joined
- Dec 18, 2008
- Messages
- 28,951
- Reaction score
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- Male
- Political Leaning
- Libertarian
Re: Dem vs Rep Tax Cut Plan in Graph form!
I find it fallacious to only tax the rich more, as if they are being punished for something.
The middle class needs to start paying their share.
Thank you. Now you all are making my point for me. Tax cuts - unless they're extremely dramatic don't do anything.
Sure, you get a little more take-home pay (and I know people don't admit it, but most of them are taking home even more under Obama - at least those under $250,000 got a little stimulus in their checks) - but it doesn't have an impact on the overall economy.
Weren't we told that the Bush tax cuts would create jobs and grow the economy? They didn't.
If your argument is merely, it's a good thing for people to have more take-home pay and that's the end of it, then I'm okay with that argument.
But there is no proof that it has an impact on the economy at large - so these people saying that they're going to either fix or destroy the economy if we let them lapse on the top earning bracket really don't have an argument.
As has been pointed out, the top brackets don't need more money to spend money. They already make more than they spend, so I don't see how letting the top rate rise a little bit is going to destroy the economy.
It's going to be a necessary part of ending the deficit - combined with cuts in spending in all areas - including everyone's sacred cow, the Department of Defense.
Conservatives in Britain understand this.
I find it fallacious to only tax the rich more, as if they are being punished for something.
The middle class needs to start paying their share.