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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: Jack Be Quick who wrote (15689)2/22/2009 12:25:26 PM
From: patron_anejo_por_favor2 Recommendations  Respond to of 50244
 
My point is a great deal of the shared sacrifice will have to come from the spending side. So a 5% tax increase on a small segment won't do much. Even a 20% increase on the same segment won't do much (although individuals targeted would probably "adjust" their income-producing activities to minimize increasing revenues).

Bottom line is if there is to be a mature honest dialog about this, no one will be pleased. That's OK, but it's more than a little disingenous (on the administrations part, not yours) to ram through an $800 billion stimulus bill (with lots of embedded increased in future budgets included) then say we'll make it up only by cutting military spending (cuts that are at least partly offset by increased spending in Afghanistan). And by an income tax raise (though as I said, rolling back the Bush cuts are reasonable).

Sorry about the math-challenged remark. That was out of line.