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HappySqurriel on 27 December 2012
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gigantor21 said:

ALL the Bush tax cuts have to expire. All of them.

People think they can have a big military, healthcare programs that don't ration out care like they do in Europe, and all the other investments and spending the government does with taxes at a 60 year low? Fuck outta here with that bullshit. If people aren't going to accept the cuts necessary to keep taxes low, then they have to go up. The rates, specifically--tax reform is useless on it's own, as our bought and paid for Congress can just add new exemptions later. That's the only reason the Republicans keep hiding behind that argument.

I, for one, am damn tired of people pretending the 90's and it's economic growth while tax rates were higher didn't exist. It's just greed and willful ignorance keeping taxes where they are--from both politicians and the voters. Pretending we can keep this charade up forever won't fix our fiscal problems.

Frankly, I don't trust either party on this issue. Obama has already said he wants to lower Corporate rates (despite what companies actually pay being a lot less already) and keep 98% of the Bush tax cuts permanent. When there's only a 2% difference on policy, it's hard to stomach when the president and Democrats pretend to be the adults in the room. The real debate should be about when to get rid of the tax cuts, not which ones (if any).


I think your partisanship is leading you to not understand the resistance to Obama's plan ...

I don't remember the numbers off the top of my head, and they have probably changed since I heard them anyways, but the democrats plan to deal with the $1+ trillion deficit is $98 billion in tax increases, that probably won't be realized (due to a wide variety of factors), and increased spending has already spoken for the majority of that money. In other words a completely meaningless gesture.

To put these numbers into household terms, suppose you have a family that is building $1,000 worth of debt every month and one partner's plan is to work a little over-time to get $100 and has already signed up to a gym membership that will cost $80/month starting next month. Do you think that plan represents acting like a "mature adult"?