It becomes a problem when your country is in as much debt as America.

The recession really took a turn for the worse just before his inauguration as pres, so I guess that makes sense?

You're right, I could save so much money if I stopped feeding my cat.

You might be able to solve the issue if people weren't trying to turn America into a tax haven.

There's nothing wrong with increased government funding, when the government can afford it.

This is another argument that really frosts my pumpkin.

So we repeal all the regulatory acts that prevent the nation from going over a cliff, the nation goes over a cliff, seeing as the institutions that pushed it over the cliff employ a lot of people the tax payers give you a bail out, they use that bailout to pay stupid people bonuses. Meanwhile, in Afghanistan we're fighting an intractable war, sending drones global, and maintain bases in Saudi Arabia, Germany, Korea, and Japan which only adds to the debt.

And our solution to eliminating the debt is not to tell the top 1% to pay the same rate I do, and that your parents and neighbors do, but to tell me, and your parents, and your neighbors that they won't get the same level of benefits they've been getting for years, expected to get for years, and will still pay the same rate for that we're going to cut those benefits.

Thats absolute madness. The working people in this country are its core, we're essentially working to create a new level of institutionalized slavery, where the folks at the top make the most, do the least, and contribute nothing while those working into their 70's get squat.

If you believe that, I don't know what I can do for you. I'm an old school Democrat in my soul. I'm not a member of the party, but I believe in the equality of opportunity. Right now, that doesn't exist in this country. To steal a line from Bill Mahr, America, right now, ranks 10th in the American dream.

It depends on what the funding is going towards. Increasing funding to the war on drugs (mainly marijuana) would be a bad thing. Increasing military spending would be a bad thing. We need to cut our military spending overseas. If we are really serious about balancing the budget and addressing our unsustainable debt, nothing can be off the table.


Right on.:thumb:

The underlined is mine; and, pardon me, but when 1% of the populace pays two-fifths of the income tax... they are doing their part.

Here's another fun statistic:

LINK

So, 1% of the populace pays 40% of the federal income tax, and 49% of the populace pays nothing! Hurrah for tax deductions for being old, having kids, etc....

Care to explain this?

Mitt Romney's Tax Returns Show 13.9% Tax Rate, Highlight Challenges For Wealthy Candidates

Yup, he got it pretty right.