But they’re using a thousand little, dull, Swiss Army knives, not anything as sophisticated as a hacksaw. Now if they’d use that saw to cut out a few “profits” from corporations, like well, GE, they would only have to trim the nails of the rest of the populace.
There are 45% Not paying Fed Income Taxes. Lot’s, Like GE, have Tax Accountants cooking the books to use Subsidies and Loopholes. Let’s make a list of ALL Subsidies that Congress gives Special Interests (Grants, Credits, Loans, Tax Breaks, Exemptions, Exclusions, Deductions). SUSPEND ALL Subsidies unless there is a majority vote to keep a specific Subsidy while the Budget is Unbalanced, then let it stay. All the other Subsidies should be SUSPENDED until the Budget is BALANCED. To me, that is NOT Raising Taxes. Republicans Cannot complain. Democrats cannot hide their ‘deals’ with lobbyists.
Also, those who don’t pay Federal income tax pay plenty in state taxes, sales taxes, and payroll taxes. The people who came up with the %45 number ignore all taxes except the ones the rich are supposed to pay.
^^Tigger, you are correct. the democrats folding after the election and not passing the budget the root cause of the political problem with the debt ceiling. It opened the door.
the argument that 45 percent do not pay income taxes is one of those emotional arguments put forth by the neocons and while “true” is just a soundbite.
when the top 2% hold 90 pecent of the wealth, and that is growing, this is the cause of depressions.
Dtroutma over 12 years ago
But they’re using a thousand little, dull, Swiss Army knives, not anything as sophisticated as a hacksaw. Now if they’d use that saw to cut out a few “profits” from corporations, like well, GE, they would only have to trim the nails of the rest of the populace.
Fuzzy Thinker Premium Member over 12 years ago
There are 45% Not paying Fed Income Taxes. Lot’s, Like GE, have Tax Accountants cooking the books to use Subsidies and Loopholes. Let’s make a list of ALL Subsidies that Congress gives Special Interests (Grants, Credits, Loans, Tax Breaks, Exemptions, Exclusions, Deductions). SUSPEND ALL Subsidies unless there is a majority vote to keep a specific Subsidy while the Budget is Unbalanced, then let it stay. All the other Subsidies should be SUSPENDED until the Budget is BALANCED. To me, that is NOT Raising Taxes. Republicans Cannot complain. Democrats cannot hide their ‘deals’ with lobbyists.
tengu99 over 12 years ago
SKP, there have been attempts to close the loop holes. However, some see that as raising taxes.
ARodney over 12 years ago
Also, those who don’t pay Federal income tax pay plenty in state taxes, sales taxes, and payroll taxes. The people who came up with the %45 number ignore all taxes except the ones the rich are supposed to pay.
pirate227 over 12 years ago
The tail (teabaggers) is wagging the dog (GOP).
dannysixpack over 12 years ago
^^Tigger, you are correct. the democrats folding after the election and not passing the budget the root cause of the political problem with the debt ceiling. It opened the door.
the argument that 45 percent do not pay income taxes is one of those emotional arguments put forth by the neocons and while “true” is just a soundbite.
when the top 2% hold 90 pecent of the wealth, and that is growing, this is the cause of depressions.