Now, not only am I not a racist but i am also open to increasing taxes. I am for increasing taxes at a five to one ratio to same year spending cuts. No in the future cuts. 5:1 in each year. Raise taxes 3%, cut spending 15% in that FY. I think that is reasonable seeing as everyone should have some skin in the game.
I'm not open to anything of the kind, myself.
Jeeze, just cut tax rates across the board, especially the corporate tax rate, in addition to slashing spending and borrowing. We all know this works. We do not need any tax increases, we need tax cuts! Every dollar subtracted from the private economy is one dollar less that can go to capital investment, hiring, and pay raises.
Then Washington will be awash in revenue, anyway, and we all know that, too. Hence we also need at least a statute pegging fed government spending to no more than 18% GDP. Romney is no Calvin Coolidge.
Granted a statute can be repealed by future Congresses--it's not a Constitutional amendment--but once it was in effect there might be very little political will to ever repeal it. Unlike Obamacare, such a statute is likely to be EXTRAORDINARILY popular. Among at least 2/3 of independents as well.
I can't find the poll now, it was a recent one, but it had four choices for what you want the feds to do: cut taxes, reduce the debt, reduce unemployment...I'm sorry I can't remember the fourth. But here's the thing: reducing unemployment and cutting tax rates are one and the same, or rather, one is a precondition to the other. You can't have the first without the second. And I remember that if you added up thsoe percentages they exceeded those who responded "reduce the debt."