A vote to keep taxes for families making less than 250,000 or less than 1,000,000 both failed in the senate, but of course Republicans were keeping sure that the rich in the U.S don't pay taxes. Republicans wanted to keep taxes for all people, and yet they have to understand that it was because of the tax cuts the surplus Clinton gave them disappeared. The only way for the U.S to go back to surplus soon is to be "Fiscally responsible" as some republicans say , but raising taxes is a no-no. Apparently the republicans haven't haered the quote by Georg Wilhelm "We learn from history that we do not learn from history." The republicans don't learn at all that taxes have to go back to the same levels as they were in the surplus years of the 1990's. Even with Obama cutting the tax break for the rich it won't matter, because the government won't make enough revenue to reduce the deficit enough to actually be in shooting distance of a surplus. In order to make the country viable for it's debts the country must go throw many sacrifices like increasing retirement age ,creating a national sales tax, cutting subsidies to fossil fuels, creating massive reforms in health, reducing it's military strgnth and eliminating the Bush tax cuts, and for the U.S to be able to go throw these changes properly give one last relief to the states and one last stimulus to the country that has no pork and actually give money to companies that produce jobs in America.
"We do not inherit the earth from our ancestors, we borrow it from our children." A Liberal-supporting, environmentalist blog. We blog according to our opinions, not those of the party or government. Free speech must win and that's why we have this blog. The views of two Montrealers and a Libertarian.
Raising taxes now would be a dumb move for the Americans.
ReplyDeleteIt would be an even dumber move not to raise taxes.
ReplyDeleteOh ya because everyone knows that raising taxes will help stimulate spending. There's no way in hell the U.S. will raise taxes right now, and thank goodness because it'll cripple their economy and help bring ours down along with it.
ReplyDeleteand a debt crisis is even better right. Take action now don't continue to kick the tough reforms down the road.Something will eventually need to be done might as well do something now when you have time then later when the whole economy will calapse.
ReplyDeleteAnd Obama has now come out defending a plan not to increase taxes on ANYONE. He said he knows there will be Democrats that are opposed, but overall it is a good plan. I knew Americans would never increase taxes at this point - it would just be plane stupid to do so.
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