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badgenome said:
Soundwave said:

The fact is though conceptually the idea that taxing "freeloaders" who are earning maybe 30-40k a year at best is going to fix the debt is asinine.

The only way you're going to pay down the debt is if mega-wealthy individuals and corporations start paying their fair share of tax.

Everyone wants to close loopholes, but they get lobbied out of doing so. It's a nice line for elections that amounts to jack all.

You're not going to fix the debt by raising taxes at all. It's mathematically impossible. There aren't nearly enough rich people whom you can tax to close the gap, and even doubling taxes on everyone who makes more than $50,000 a year won't do it. Spending has to be cut, it's as simple as that.


You'd have to do both. And you'd have to cut the military budget (which is ridiculously massive) in the process. But no one wants to say that.

There is an inherit irony in though in Romney crapping on low income people, when he's hiding his wealth in the Caman Islands to keep in from being taxed. This guy is supposedly going to close tax loopholes for the super-wealthy? Yeah right.

People like that are the ones who are in all honesty are withholding the real money, not the average joe who's scraping by on 30k/year.

Maybe that guy earning 30k/year who gets on disablity is a "freeloader". But y'know the guy who's worth 100 million who's got offshore accounts to avoid tax ... lets call him for what he is too -- a "crook".