The whole problem in this country is there are way to many people who pay no tax. They could careless how high the taxes so long as they get the freebies but guess who is paying for the freebies. This will only going to end when everyone has a stake in the game. You get nothing if you don't have some flesh in the game. It is time for the taxpayers that enough is enough. Oh BTY the Obamacare taxes haven't kicked in yet and who pays for them?
This rising cost of a critical piece of everyones everyday expenses coupled with the demographic changes is the reason debt will continue to explode regardless of who the President is. If we shift more of this cost back to consumers from taxpayers the economy will simply shrink in other areas as health care costs take up a greater percentage of economic life.
You are one special and sad panda.
$16.4 trillion – that’s the latest figure for America’s massive national debt. Nearly $6 trillion of this debt was racked up in the first term of the Obama presidency – a 50 percent increase.
You can't honestly say that in four years, medical costs have doubled.
Barry pissed most of that money away on green energy boondoggles, increased welfare, and "stimulus" ie porkulus.
The man is a looter.
Only Barry and his O-Bot stooges could call a deal that authorizes new spending of $330 billion and reduces spending by $2 billion "an emergency deficit reduction bill".
And the piss stream media propogates the false narrative that this is going to "help" the middle class®.
No corporation can exist with similar policies. in fact fortune 500 companies are going out of business at record rates. Current corporations do not have pension plans.
Not many. In hindsight, the Clinton tax increases were temporary.How many "temporary" taxes have you seen expire?
What is the alternative to taxing income? Taxing consumption? Taxing wealth?Taxing based on income is bull**** because of an easily manipulated tax code (unless you're a sucker on a payroll). It is not fixed because our elected officials don't want it to be.
There are many proponents for a consumption tax, but do we really want to discourage consumer spending in an economy fundamentally built and reliant on consumer spending?
If (as is likely to come to pass) it's simply an additional tax form in addition to all the others, then no. Hell no.
Sadly, most likely tax changes is the imposition of a VAT Tax in the U.S., in addition to the existign tax forms already in place.
This administration AND Democrats in both houses of Congress have stated within the past week that the recently enacted taxes on the rich are not enough to cover their spending plans.
More taxes will be necessary including those on the rich, the middle class and business. There will be no negotiation on reductions.
The programs needed are those to enrich the needy in our society. That would include the usual leeches and illegals. Just lovely.
As long as Republicans are viewed as the protectors of corporate interests and not the creators of real pro-growth policy that lifts all Americans they are dead meat.