Discuss politics - join our community by registering for free here! HOP - the political discussion forum

Reply to thread

Message

Where is the their proposal? It is hard to look at a group credibly when they can't even propose a real solution to the issue.

So far, it seems all we hear is "raise taxes on the rich" and that will somehow solve the budget crisis, but it simply wont.

The Washington Times reported that, "Estimates by nonpartisan groups such as the Urban Institute and Tax Policy Center show that without any serious efforts to cut spending, tax rates on the wealthiest people earning $200,000 or more — the group targeted by President Obama — would have to rise to prohibitive levels of between 77 percent and 91 percent just to bring the yearly budget deficit down to manageable levels of around 2 percent to 3 percent of economic output. "

Read that carefully....massive tax increases on those groups, won't even balance the budget...let alone start to address the debt issue. And of course this ignores the whole economic impact of such a measure.

Show me real solutions from the Democrats, and I will take them seriously.

<blockquote data-quote="BigRob" data-source="post: 163326" data-attributes="member: 628">Where is the their proposal?&nbsp; It is hard to look at a group credibly when they can&#039;t even propose a real solution to the issue.So far, it seems all we hear is &quot;raise taxes on the rich&quot; and that will somehow solve the budget crisis, but it simply wont.The Washington Times reported that, &quot;Estimates by nonpartisan groups such as the Urban Institute and Tax Policy Center show that without any serious efforts to cut spending, tax rates on the wealthiest people earning $200,000 or more — the group targeted by President Obama — would have to rise to prohibitive levels of between 77 percent and 91 percent just to bring the yearly budget deficit down to manageable levels of around 2 percent to 3 percent of economic output. &quot;Read that carefully....massive tax increases on those groups, won&#039;t even balance the budget...let alone start to address the debt issue.&nbsp; And of course this ignores the whole economic impact of such a measure.&nbsp; Show me real solutions from the Democrats, and I will take them seriously.</blockquote>

[QUOTE="BigRob, post: 163326, member: 628"] Where is the their proposal? It is hard to look at a group credibly when they can't even propose a real solution to the issue. So far, it seems all we hear is "raise taxes on the rich" and that will somehow solve the budget crisis, but it simply wont. The Washington Times reported that, "Estimates by nonpartisan groups such as the Urban Institute and Tax Policy Center show that without any serious efforts to cut spending, tax rates on the wealthiest people earning $200,000 or more — the group targeted by President Obama — would have to rise to prohibitive levels of between 77 percent and 91 percent just to bring the yearly budget deficit down to manageable levels of around 2 percent to 3 percent of economic output. " Read that carefully....massive tax increases on those groups, won't even balance the budget...let alone start to address the debt issue. And of course this ignores the whole economic impact of such a measure. Show me real solutions from the Democrats, and I will take them seriously. [/QUOTE]

Verification