whypolitics
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Its not fair to raise taxes on the rich. In the best of times I would call for tax cuts for all. Still hard times call for hard choices. We have a huge deficit, and yes Obama contributed to a lot of it. So did George W Bush, the wars alone cost over 1.3 trillion, plus he ran deficits in every other year. Clinton had a couple of surplus years, but he was aided by a huge technology boom. Reagan contributed 100s of billions to the deficit also. Point is, a lot of administrations, conservative and liberal, have had their hands in raising the deficit. Now we need to to start paying those deficits down.
Wealthy earners will have an easier time shouldering the burden than middle class families. Main street has suffered enough through this recession and we cannot afford to tax them anymore. The rich are growing richer, I do not fault them for that, but at the same time our deficits are growing and our middle class is shrinking. We need to get them under control, and allowing tax breaks to expire on wealthy families will help. If not, its just 700 billion our children will have to pay for later.
Its not fair, but than again life's not fair now is it?
Should you have any links to articles related to this, let me know. My personal blog is whypolitics.com Have a blog? Let me know.
Wealthy earners will have an easier time shouldering the burden than middle class families. Main street has suffered enough through this recession and we cannot afford to tax them anymore. The rich are growing richer, I do not fault them for that, but at the same time our deficits are growing and our middle class is shrinking. We need to get them under control, and allowing tax breaks to expire on wealthy families will help. If not, its just 700 billion our children will have to pay for later.
Its not fair, but than again life's not fair now is it?
Should you have any links to articles related to this, let me know. My personal blog is whypolitics.com Have a blog? Let me know.