| spurgeonryan said: Then the Rich say, "Who the Hell is Ben Stein!" Hey Hutnick. How much would it bolster the economy if the Rich were properly taxed? Would it even matter that much? 500 million - 1 billion in extra tax dollars? Or would it be a lot more? |
And it is Hutnik, by the way. Just an FYI.
At this point, you need to end up getting things going in the right direction, and making choices on priorities. The approach in Washington had been to keep slashing taxes whenever there is a slowdown, and believe it would stimulate the economy. It all had been stimulus based on deficit spending for awhile now, with a reversal during the Clinton era of the trend.
There is a Big Bird problem also with spending and a strong need to determine priorities and what to fund, to make America strong as a nation. Once this has been decided then you can determine tax levels and so on. At this point, everything needs to be look at, and dollars recovered everywhere.
Do you seriously not know who Ben Stein is? I suggest you look up his background. Ben Stein is the guy who came out and badmouthed the unemployed for being losers, and frowns upon any taxes going up normally. He also said more cuts are needed to. And he said there isn't much correlation between tax rates and economic activity. Watch the video on the page.
And if you don't like Ben Stein, go with David Stockman:
http://www.cnbc.com/id/39154748/We_Can_t_Afford_Bush_Tax_Cuts_David_Stockman
Or Bruce Bartlett:
http://economix.blogs.nytimes.com/2012/06/12/the-fiscal-legacy-of-george-w-bush/
