"Will Taxing the Rich Fix the Deficit?"

[BigBallinStalin]

[Neoteny]

For those of you that don't want to watch the video, the answer is yes.

Alexander/Obama/Lenin 2012

[Army of GOD]

I don't understand why we can't raise taxes and cut spending simultaneously.

[rdsrds2120]

I don't understand why we can't raise taxes and cut spending simultaneously.

My god, the boys a paragon of his kind. Good work, AoG. You get tomorrow off.

-rd

[Woodruff]

I don't understand why we can't raise taxes and cut spending simultaneously.

There isn't a reason we can't. The problem lies in the idea that it's likely we will do the first and not the second.

[Phatscotty]

I don't understand why we can't raise taxes and cut spending simultaneously.

Because they (gov't/politicians) never keep their word and cut spending, but they are constantly keeping their word in raising taxes and fees and penalties and permits and licenses etc etc etc

I have always said, if they prove they can cut spending, then I will be the first to willingly pay more taxes. A lot of other people would too.

Faith is an amazing power, especially when people honestly believe the government is doing the right thing. People would have faith in the government again, and I would bet there would be far less partisan bickering as well.

[Symmetry]

I say we give it a go. I don't think we've tried it recently, and, if this is a US only thread, Conservatives will surely support the return to 19th Century economic values.

[AndyDufresne]

I don't understand why we can't raise taxes and cut spending simultaneously.

Because they (gov't/politicians) never keep their word and cut spending, but they are constantly keeping their word in raising taxes and fees and penalties and permits and licenses etc etc etc

I have always said, if they prove they can cut spending, then I will be the first to willingly pay more taxes. A lot of other people would too.

Faith is an amazing power, especially when people honestly believe the government is doing the right thing. People would have faith in the government again, and I would bet there would be far less partisan bickering as well.

Not cutting spending isn't the only, (or even probably the largest) reason why some have lost faith (or maybe just lessened) in government.


--Andy

[rdsrds2120]

I don't understand why we can't raise taxes and cut spending simultaneously.

Because they (gov't/politicians) never keep their word and cut spending, but they are constantly keeping their word in raising taxes and fees and penalties and permits and licenses etc etc etc

I have always said, if they prove they can cut spending, then I will be the first to willingly pay more taxes. A lot of other people would too.

Faith is an amazing power, especially when people honestly believe the government is doing the right thing. People would have faith in the government again, and I would bet there would be far less partisan bickering as well.

Not cutting spending isn't the only, (or even probably the largest) reason why some have lost faith (or maybe just lessened) in government.


--Andy

I remember a special on TED that addressed the lessening faith in government....according to them, it all gets tied back to Nixon.

-rd