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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Joe NYC who wrote (354650)10/12/2007 5:25:40 PM
From: Tenchusatsu  Respond to of 1573690
 
Joe, that was the whole point of my reply to John. The only way you're going to cut spending through tax increases is by increasing everyone's taxes by the same amount.

Which kind of goes right along with what you've been saying all along.

> Like I said in my other post, Democrats want the constituency for fiscal stability to be as small as possible, so that it would lose every fight, the sad thing is some Republicans, namely Reagan and Bush helped Democrats by shrinking the number of people who have a stake in fiscal responsibility and frugality.

Many Democrats would argue that's the result of the growing gap between rich and poor, which is why we need more wealth redistribution, not less.

Personally, I would also argue that Reagan-style conservatism has made it easier for Democrats to promise more social programs paid for by taxes on the "rich." A side-effect of the success of Reaganomics. Now that a bigger tax base has been established thanks to those policies, why not tax them and reap the political benefits?

Tenchusatsu