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Originally Posted by marketsmart
wrong...
we need tax increases to dissolve the national debt..
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We need massive government cuts at the federal and state level or the debt will only continue to grow regardless of if we raise taxes or not.
Quote:
Originally Posted by marketsmart
however, the tax increases need to go to retiring the debt, not growing govt...
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Get real. Tax increases will be used to prevent government cuts.
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Originally Posted by marketsmart
if the govt got everyone to pitch in and tighten the belts for the next 5 years, we would be a great country again..
but then again, if the govt did that.. no one would get re elected....  |
That line more or less got Cameron elected in the UK and he is actually pushing through huge government cuts. Exactly what needs to happen in the US.
Do you propose we raise corp or personal tax or both?
How much of a raise is necessary to "dissolve the national debt"? What do the new tax rates need to be exactly?