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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (81233)9/1/2008 11:36:56 AM
From: quehubo  Read Replies (1) | Respond to of 542946
 
Well your biases are revealing, I have posted several times here some concern about the tax burden.

I do believe Obama would tax the hell out of the tax payers though because the starry eyed social programs he envisions need to be paid for. The radical left salivates over all the money carbon tax will rake in. I guess they think this tax is something that wont be passed on to consumers.

I also think McCain is a little out of touch on health care and immigration as well.

I am for a smaller government, our present economy will be struggling to pay the existing entitlement programs. If the budget is going to be improved we need to take in more tax revenue and reduce spending. Increasing taxes on the top 1% should not reduce economic growth, this is economic theory. An opposing theory to be balanced is that government borrowing crowds out private borrowing and raises rates. So instead of raising taxes on the rich we borrow from the Chinese? Does this make sense?