Fiscal cliff

It's a simple question. Why won't you answer it?

 

There is no "right" answer. I'm curious what your number is.

What effective tax rate are you willing to pay?

 

That's a very anti-left wing statement by you.

 

Butt hurt republicans? Maybe on an emotional level; but people act as though only the upper class are republican. And this talk that the majority voted left for two elections?! Do you remember that the majority voted right wing two elections before.

And before you say "well look where it got them?": I suspect that will be the same argument we will have towards the left wing after this term. I am suspecting insane amounts of inflation and the eventual take hikes on other income levels. Probably going to happen in a couple years.

 

Everywhere you look, fair-weather tax haters are abandoning the wealthy. Republican House Speaker John Boehner, champion of "job creators," now says he's open to "new tax revenue" to help balance the federal budget. The uber-conservative William Kristol, editor of the Weekly Standard, said recently on Fox News, "It won't kill the country if Republicans raise taxes a little bit on millionaires." A group of pesky agitators called "patriotic millionaires" is even descending on Washington, to badger legislators into raising their own taxes, for the supposed good of the country.

This all comes, of course, after President Barack Obama, campaigning on his plan to raise taxes on the wealthy, convincingly beat challenger Mitt Romney, whose tax plan called for cutting everybody's taxes by 20 percent

There used to be a saying that you couldn't win an election on a campaign to raise taxes. If ever there is a time to raise taxes in the US, it is when a president runs a campaign to raise taxes and wins coupled with the current economic situation.

 

It's not about raising taxes. It's about cutting spending.

 

It's about both . . . even conservatives are seeing the need to raise taxes

 

I read today that if we go with the Obama plan (fiscal cliff) we will not only continue the 4 year old recession, but probably fall into a depression. This is getting serious.

 

Here's my position: We shouldn't consider raising taxes on anyone until we have first exhausted all expense reductions in the Federal Government. Do we really think the Federal Government runs as efficiently as it should? What about State and Local governments?

And when we do raise taxes, EVERYONE gets their taxes raised, even if it's just a penny on the lower end. We're all in this together. As long as people continue to vote themselves benefits and put it on someone else's tab, we will remain a country divided.

 

Not trying to be snarky, but how much additional revenue do you think will be created by increasing taxes on the "rich"?

 

I'm a moderate and I see no need to raise taxes.

 

very well said.

Here is an idea, lets see a budget first..