Quote:
Originally Posted by gstelmack
If it's short-term, why do we need increased taxes that won't go away?
I think you guys have convinced me that a tax increase is probably warranted, if it's a small one, based on the numbers I've been looking at. Bring our taxes back in line, maybe I can agree to. But it needs to include cutting this budget back to the bone. We need to get balanced and pay off the debt so we can spend that money somewhere useful instead.
We quite simply cannot afford the budget being put forth right now, stimulus or not, medical care or not.
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I'd also add that the tax increases should be targeted sensibly - corporate tax rates, corporate tax loopholes, tax on carried interest (how those hedge fund managers manage to make all that money tax free), etc., rather than just saying "well let's raise everybody's taxes across the board by X%." There are segments of the population that by far are not paying anything close to "their share." (if you'll allow me to use that shorthanded phrase to encompass that idea)