Baalzamon said:
First off, I totally agree with your first statement. People are making way bigger of a deal about the credit rating than what it is. Secondly, I cannot understand how in the hell people continue to think tax raises fix the problem. Seriously, how fu**ing long does it take people to realize every time taxes are raised, the government just spends even more, and even more, and even more money. How about, for ONCE, we stop spending so god damned much money on stupid, worthless things (no, I'm not even talking about the biggest things such as social security/medicare, etc, although some of those have their own issues). And I'm going to blame both parties, because both parties are just as bad at making stupid ass laws and regulations and whatever else leading to even more stupid spending. Granted, I would agree (given that one of the richest men in the world says he isn't taxed enough), that the extremely wealthy could deal with a slight increase in taxes (I'm not talking 5%, I'm talking slight, because the extra revenue brought in would be massive). But if something like this is going to be done, accompany it with billions upon billions in spending cuts. Also, don't tell us how much you are cutting, and then just add in billions upon billions more spending as well. This doesn't fix the problem in any way whatsoever. I want the whole problem fixed, and saying that just increasing taxes is the issue is completely and totally wrong. |
Honestly what would be best is both increasing revenue and decreasing expenditure. The Tea Party is hilarious on insisting on both having a balanced budget and not in anyway increasing tax revenues - to balance the American budget both deep cuts and significant new revenues are going to be required.
