Ben Stein says that taxes has to be raised on the rich....

[mike_intellivision]

klystron said:

mike_intellivision said:
Actually,the point of all of this is that Stein is a prominent conservative voice and he is disagreeing with the stance of the Republican (US conservative) party.

Mike from Morgantown

I was in Morgantown yesterday and sat in football traffic. Glad WVU lost.

 

Stein was a speechwriter for Nixon who was a huge spender just like George W Bush.

 

I really love how when people say we can solve the deficit we can do so off the backs of the rich. The numbers don't add up. Ever see anyone who says that actually show you the numbers? Of course not.

 

BTW, here's a little example for you all... I do a lot of work on the side for extra money. I actually started turning down work in 2010 because if I did any more I would have started phasing out my wife's education credit (which was expanded up into my income range for 2009 and 2010.) Does that sound like a good way to grow the economy? A tax code that encourages people to work less?

My opinion is that we have to cut expenses and raise revneues.  If you are short of money as an individual, you look for more work and look to cut your spending.  The country needs to do the same thing.  To discount one of these is folly.  And to be honest, each party basically makes this folly from different ends.  If you look at Stein's comment, he is saying that you can't solve the fiscal issues without doing both -- and it should be started where it would have the least drag on the economy (on those with the highest disposable income) and phased in across the board. He is not saying "tax the rich" exclusively.

As for the educational credit example, the tax code is a mess and needs to be overhauled -- both for indivudals and corporations. It is littered with inefficiencies and inequities.  I do not disagree with that. 

Finally, remember if social chaos breaks out, the rich have the most to lose. That is why many governmental services -- from police to inspections to securities guarantees -- have a greater value to them than the poor.