Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
We are 16 trillion and counting in debt. To address that some of it will have to be increased revenue's. I'm O.K. with that as long as there are cuts to go along with it.
A bunch of Democrats and sane Republicans once got together and proposed a 3:1 plan of revenue cuts to tax increases. Obama decided to ignore the advice.
A bunch of Democrats and sane Republicans once got together and proposed a 3:1 plan of revenue cuts to tax increases. Obama decided to ignore the advice.
We paid for a commission to devise a plan to address the debt. I do not recall if they were 3:1 or what their exacts numbers were but their recommendations have been tossed aside and their recommendations were cuts with increased revenue.
We paid for a commission to devise a plan to address the debt. I do not recall if they were 3:1 or what their exacts numbers were but their recommendations have been tossed aside and their recommendations were cuts with increased revenue.
You mean, increased taxes.
How many times between 2000 and 2008 were the budgets BALANCED?
We paid for a commission to devise a plan to address the debt. I do not recall if they were 3:1 or what their exacts numbers were but their recommendations have been tossed aside and their recommendations were cuts with increased revenue.
We actually had multiple commissions and the proposals from all of them were ignored.
Sure, but there is no reason to get into long discussions over what words are used here.
None. Which should be a blight on the politicians records who were responsible.
Some people differentiate the meanings of taxes and revenues. Some think they do not mean the same things, going by other threads in the P&OC forum.
Obama ran on the platform of doing away with the Bush tax cuts, and people of America must have liked the message sent, otherwise, he would have lost the election.
And nobody using this forum can tell me a majority of Americans are just so ignorant that they didn't know taxes would go up. People are not that stupid.
Some people differentiate the meanings of taxes and revenues. Some think they do not mean the same things, going by other threads in the P&OC forum.
They aren't the same thing. Still it's not the discussion I was after.
Quote:
Obama ran on the platform of doing away with the Bush tax cuts, and people of America must have liked the message sent, otherwise, he would have lost the election.
And nobody using this forum can tell me a majority of Americans are just so ignorant that they didn't know taxes would go up. People are not that stupid.
They aren't the same thing. Still it's not the discussion I was after.
I never argued against them going up did I?
Quote:
Originally Posted by pknopp
We paid for a commission to devise a plan to address the debt. I do not recall if they were 3:1 or what their exacts numbers were but their recommendations have been tossed aside and their recommendations were cuts with increased revenue.
Increased revenue actually means higher taxes, or higher tax rates? No?
Or, revenue can also mean money taken from one government agency and allocated to another.
Is this what you meant?
If the government decides to cut defense funding for instance, might they use the revenue from that and allocate it to another?
Revenue can also mean money coming in from sales of bonds?
Some people are totally against any increases of tax or revenue from tax.
Lack of sufficient revenue has gotten government where they are now, along with spending for wars and so forth.
I think Obama is trying to strike a balance of cutting while raising revenue.
Where's MTATech when you need him/her?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
