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Anyone who thinks the US is going to get out of this mess without a TAX INCREASE is

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Thrill Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-19-08 11:28 AM
Original message
Anyone who thinks the US is going to get out of this mess without a TAX INCREASE is
OUT OF THEIR FUCKING MIND.

What do you think we're going to do? send our troops on Foreign Bank robberies?

Thanks

RANT OVER

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Iris Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-19-08 11:29 AM
Response to Original message
1. sadly, for some voters, that's the only issue
And many of them are on the "fair" tax bandwagon. How much worse off would we be if money for our infrastructure were based on a national sales tax?
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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-19-08 11:36 AM
Response to Original message
2. Actually... there is a way that DOESNT involve a tax increase

A. Cut spending. Especially military spending. Getting out of Iraq will put $12 billion a month back into the treasury (roughly $100 billion a year).

B. Close tax loopholes.... this mostly affects the rich. This could increase the treasury by $250 billion per year.


So there you have it..... $350 billion per year.... without raising taxes.



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stray cat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-19-08 11:38 AM
Response to Reply #2
3. The bailouts are estimated at 2-3 trillion not to mention the current deficit
Edited on Fri Sep-19-08 11:42 AM by dmordue
Even with the changes you mention we are not even close
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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-19-08 11:46 AM
Response to Reply #3
5. 2 to 3 trillion over MANY years.... not in one year.... the two items I listed will...

Generate 1 trillion every 3 years.

3 trillion in a decade.
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tridim Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-19-08 11:39 AM
Response to Reply #2
4. Yep, cut the Pentagon budget in half.
Actually cut the building in half an make one side the Dept Of Peace. That would save at least a trillion.
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WinkyDink Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-19-08 11:56 AM
Response to Reply #4
6. Heck, just cut the graft to Halliburton, Bechtel, and Blackwater by a third.
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