Originally Posted by Taco John
This plan would choke the economy. Getting rid of things like mortgage deductions and income tax exclusion for employer healthcare are great ways to slow housing and job recovery. Also, a 40 percent tax rate is ridiculous. No one should owe the federal government 40% of what they earn. Nor should they owe 15% or 25% of what they earn for that matter.
I think that we've got to go off this "cliff" and let it roll. I think this is a better "grand" "bargain" than any plan I've seen yet.
This plan would choke the economy!
So... let's go off the cliff, which will choke the economy!