The proposed 2012 budget...

tater · 04-06-11, 06:03 PM

Tax revenues are already very nearly 20%.

There is no need to mess with them unless you scrap them and start over. The tax that most needs reduction right now is the corporate income tax. Slash it to a reasonable level, but eliminate all loopholes so that they actually pay.

Raising the payroll tax (or cap), OTOH, should be out of the question. SS/MC need to come from the payroll taxes as they are. If there is a shortfall, cut benis. It's not fair for people who paid in at under even the current 15.3% FICA to expect workers now to shell out more, when all the money they paid in was already spent—on themselves.

Right now, what is the democrat plan, exactly? Spend ourselves into solvency?

04-06-11, 06:03 PM	#11
tater Navy Seal Join Date: Mar 2007 Location: New Mexico, USA Posts: 9,023 Downloads: 8 Uploads: 2	Tax revenues are already very nearly 20%. There is no need to mess with them unless you scrap them and start over. The tax that most needs reduction right now is the corporate income tax. Slash it to a reasonable level, but eliminate all loopholes so that they actually pay. Raising the payroll tax (or cap), OTOH, should be out of the question. SS/MC need to come from the payroll taxes as they are. If there is a shortfall, cut benis. It's not fair for people who paid in at under even the current 15.3% FICA to expect workers now to shell out more, when all the money they paid in was already spent—on themselves. Right now, what is the democrat plan, exactly? Spend ourselves into solvency? __________________ "Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one." — Thomas Paine