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Republicans say revenues are off the table and will never vote for anything that includes revenues.
At this point, what is there even to discuss in congress? If there is no compromise, there is no discussion, and everybody might as well take a long vacation and let the US default.
Republicans celebrate July 4th, and the Democratics celebrate April 15th
Because revenues as a % of GDP has been the same for SEVENTY YEARS.. (see chart above)
The ONLY way to increase revenues is to INCREASE THE ECONOMY!!
Bingo! Jobs create revenue to the treasury not folks on unemployment taking money from the treasury. Why is that so hard to grasp for some. All dems ever want to do is raise taxes which they think will magically solve all the problems of this country's economic woes. Only problem is either way tax folks more, or I call it stealing more, or get more folks jobs in the end it will be spent and then some on top of it. That is the problem. If you gave the government 20 trillion dollars tomorrow do you think they would pay off the debt? Hell no they would spend every penny most likely.
Republicans say revenues are off the table and will never vote for anything that includes revenues.
At this point, what is there even to discuss in congress? If there is no compromise, there is no discussion, and everybody might as well take a long vacation and let the US default.
Your partisan bias is preventing you from seeing that in order to get into better financial footing we need both revenue AND SPENDING CUTS.
As an interview I heard with Fareed Zakaria today even if we increase revenue to Clinton levels, our current rate of spending under Obama would still have us adding to the deficit
Your partisan bias is preventing you from seeing that in order to get into better financial footing we need both revenue AND SPENDING CUTS.
As an interview I heard with Fareed Zakaria today even if we increase revenue to Clinton levels, our current rate of spending under Obama would still have us adding to the deficit
I agree, were did you infer from my post that we only need to raise taxes?
We have both a revenue and spending problem with respect to the federal budget defiicit.
The Democrats are willing to discuss spending cuts and closing tax loopholes to raise revenue.
The Republicans only want to discuss spending cuts.
There are two parts of the buget equation the Repubicans only want to discuss one.
What we need are more sources of revenue, not milking more out of the few people and businesses that still have their heads above water.
How will raising the tax burden on businesses translate into them having more money to expand, create, hire, invest, produce and compete????
0bama has grown the federal government by 18%, he can shrink it back to where it was during the Clinton years. (Isn't that amazing, 0bama is so bad I'm harkening back to the years of Clinton)
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