Solution to the Tax/Spend Stalemate | TigerDroppings.com

Posted byMessage
RedStickBR
LSU Fan
Member since Sep 2009
9997 posts

Solution to the Tax/Spend Stalemate


I think it's safe to say most Republicans who despise the thought of higher taxes despise the thought of continuous irresponsible spending even more. In fact, this is one reason that causes such disgust for higher taxes. When your President passes a stimulus that is sold to you as an infrastructure spending project and you find out after the fact only 13% of it went towards this intended purpose, you become hesitant when he asks for more of your money. When this misallocation of resources is coupled with his failing to pass a budget in any year he's been in office, you really begin to shudder at the thought of giving this character another cent. So, while taxes are despised, this is partly due to their being thrown down a black hole.

Here's my solution, let's rid ourselves of the black hole and raise taxes all in one single move:

1. Raise taxes on the top earners

2. Include provisions in these tax bills that if spending as a percentage of GDP increases beyond some threshold, the taxes cease to be effective (similar to debt covenants).

Best case scenario, we get an increase in revenue and a decrease in spending. Worst case scenario, if the clowns in Washington continue to spend without end, at least it won't be with your incremental tax dollars.







Back to top
Share:
Scruffy
USA Fan
Member since Jul 2011
28551 posts

re: Solution to the Tax/Spend Stalemate


quote:

I think it's safe to say most Republicans who despise the thought of higher taxes despise the thought of continuous irresponsible spending even more.
That is not "safe to say".






Back to top
RedStickBR
LSU Fan
Member since Sep 2009
9997 posts

re: Solution to the Tax/Spend Stalemate


Are you sure about that? Most I speak to understand higher taxes are necessary, but simply want lower spending to be a conditional factor. I'm not talking about the political positioning in Washington; I'm talking about everyday Republicans.





Back to top
Scruffy
USA Fan
Member since Jul 2011
28551 posts

re: Solution to the Tax/Spend Stalemate


If that's how they think, they should quit electing people who don't support their beliefs or act counter to what they say.



This post was edited on 11/24 at 12:23 pm


Back to top
RedStickBR
LSU Fan
Member since Sep 2009
9997 posts

re: Solution to the Tax/Spend Stalemate


I agree, but that's really a different topic. Further, assume they don't feel the way I described at all, but assume the Republicans in Congress fold and allow higher taxes. Wouldn't this be a responsible and quite strategic way to do it? Give these idiots some rules to play by if they're going to tax citizens higher. It works for banks.


This post was edited on 11/24 at 4:04 pm


Back to top


Back to top




//