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Captain Kick Ass
Join Date: Sep 2001
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Mitt Romney Economic Adviser Calls For Raising Taxes On The Rich, Contradicting Entir
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http://www.ft.com/intl/cms/s/2/66564...#axzz2C7hKzdke |
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#2 | |
"Think BOOM!"
Join Date: Nov 2003
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If so, where's the gotcha?
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I think the young people enjoy it when I "get down," verbally, don't you? |
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#3 |
The 23rd Pillar
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I think you misunderstood that article. He was calling for the same kind of thing that Mitt Romney campaigned on. WRT taxes, he's arguing that increased tax revenue should come from limiting deductions (on higher income taxpayers) not from raising marginal rates.
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#4 |
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That was reading comprehension fail on an epic scale.
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#5 |
Captain Kick Ass
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I guess that I don't see a significant difference. Either way you're pulling the revenue from the top earners.
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#6 |
First Overall
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that is not possible. in here.
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#7 |
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#8 | |
Captain Kick Ass
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Quote:
Do I have a track record of dumbassery? Based on discussions with my FIL I've been told that raising the rates on top earners is socialism but taking additional revenue from top earners via limiting deductions isn't. I'm not arguing that one should be done over the other. It just seems like everyone is ****ing the same chicken but calling it something different. Help me to understand the difference. |
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#9 | ||
The 23rd Pillar
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Quote:
Quote:
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#10 | |
Captain Kick Ass
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I just found it odd that one approach is socialism while the other isn't. In both scenarios the wealthy are playing by a different set of rules. |
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#11 | |
The 23rd Pillar
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Quote:
Here are two of my thoughts: 1. I don't like that we're only targeting higher income groups for increased revenue. I think the pain/sacrifice should be across the board, just like Bush's tax cuts were across the board. (There's far more revenue available through modest tax changes from the bottom 95% than there is from dramatic tax changes applied to the top 5%). 2. I fear that if the approach recommended in this article is adopted, democrats will just come along in a few years trying to increase marginal rates on the higher income groups on top of this revenue increase just because they'll still be able to demagogue the highly-visible marginal rate issue.
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#12 |
Captain Kick Ass
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I also believe that a shared sacrifice is necessary to solve the problem.
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#13 | |
In BB I trust
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JFC, not you too...
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#14 |
The 23rd Pillar
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I feel like you don't even know me after all these years! Perhaps I've been too reserved.
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#15 | |
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There are two key reasons for it must be. One is fiscal responsibility and generating revenue. The other is civic responsibility and a sense of togetherness. |
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