Also, Mitt Romney is proposing taxcuts larger than those of George W Bush. Some estimates are as high as $5 trillion dollars in tax cuts. What will those do to the debt and deficits? Let's be honest with ourselves. We know that will not work. Why should we not question the motives? We have seen the results of Mitt Romney's policies. They are the same as George W Bush's, except worse.
Your embedded assumptions are annoying, Kentuck. Tax cuts are GOOD for the economy. Not only did the Bush tax cuts give us 7 years of a terrific economy, but, in fact, the rates, across the board, should be lower still. The 2008 crash had exactly ZERO to do with tax rates and everything to do with an overpriced housing market and far too much securitization of bad debt, until there was no one left to buy up that bad debt but, oh, guess who, the TAXPAYERS OF THIS COUNTRY. But, to use your condescending sort of language,
even you can admit that it isn't a lack of revenue that has given us deficits and debt beyond reason,
it's borrowing and spending. That's obvious--the recent explosive increase in the debt far, FAR exceeds combined revenues taken in over the last 3 years, and the meager amount of revenue you'd stea--excuse me, tax--from the "rich" wouldn't do a damned thing to lower that debt, even if it was ethical to take from the more fortunate among us for the sake of the macroeconomy,
which it is not.But the fact that it is borrowing and spending that have put us in this pickle and not too little revenue is indisputable, and until you can face that truth, there's nothing to be gained in any "dialogue" between you and your kind and us. Nor is there any purpose to our "dialoguing" until you can admit, in principle, that it is WRONG for the federal government to CONFISCATE people's wealth through taxation, EVEN in service of a presumed greater good. It so happens, though, that NO greater good would be served by soaking the rich with taxes, anyway.
So let's start with you admitting we have a borrowing and spending problem, not a revenue problem, that no amount of increased taxation can do anything to reduce the debt, and that your desire to take more from the wealthy is nothing more than
pointless envy and vindictiveness.