[quote name='Msut77']http://www.nytimes.com/2010/04/14/business/economy/14leonhardt.html?partner=rss&emc=rss[/QUOTE]
It’s true that raising taxes on the rich alone can’t come close to solving the long-term budget problem. The deficit is simply too big. But if taxes are not increased for the wealthy, the country will be left with two options.
It will have to raise taxes even more than it otherwise would on everybody else. Or it will have to find deep cuts in Medicare, Social Security, military spending and the other large (generally popular) federal programs.
From your own article. Now tell me if taxing the wealthy cannot come close to solving the budget problem, what other solutions have been put forth? Besides the taxing everyone more, and making deep cuts your article admits there is no other solutions.
So again if increasing taxes on the wealthy CANT COME CLOSE, to solving the budget problem, and you are against raising taxes on anyone else, and you are against making cuts how are we going to solve this problem?
How is that accounting for you? Its like you all want to bail out a boat with a bucket, not bothering to move the boat out from under a waterfall.
It’s true that raising taxes on the rich alone can’t come close to solving the long-term budget problem. The deficit is simply too big. But if taxes are not increased for the wealthy, the country will be left with two options.
It will have to raise taxes even more than it otherwise would on everybody else. Or it will have to find deep cuts in Medicare, Social Security, military spending and the other large (generally popular) federal programs.
From your own article. Now tell me if taxing the wealthy cannot come close to solving the budget problem, what other solutions have been put forth? Besides the taxing everyone more, and making deep cuts your article admits there is no other solutions.
So again if increasing taxes on the wealthy CANT COME CLOSE, to solving the budget problem, and you are against raising taxes on anyone else, and you are against making cuts how are we going to solve this problem?
How is that accounting for you? Its like you all want to bail out a boat with a bucket, not bothering to move the boat out from under a waterfall.