Mitt's tax plan: Cut taxes for the rich, raise them on everyone else

[Rhodie]

Why do people hate tax cuts for the rich

Because we are already running a budget deficit over a trillion dollars.

But if you cut spending and taxes, then the budget will be balanced, providing you cut more in spending.

We are running a $1.4 trillion dollar deficit. That means we collect $1.4 trillion less in taxes than we spend. You want to cut taxes (revenue). So, where do you get the >$1.4 trillion to balance your budget? Hint: You wont get there without hacking Social Security, Defense, and Medicare/aid - which no politician is willing to do (heard anything about the Ryan budget lately?)

Yeah, sadly my plan is also my wet dream.

[Politico]

I simply felt like popping into this thread just to say Beet kicked some serious ass here

By failing to explain why the Keynesian promises of 2009 did not pan out as predicted? By failing to explain why we should think the next four years will be any different from the past four if Obama gets back in?

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At least I have offered an explanation as to why this so-called "recovery" is pathetic compared to past recoveries. Nobody else on this forum has done so recently.

I think we can have a bit of entertainment from time to time, of course. Has anybody on here ever looked at Bowles and not laughed at his grannie glasses?

[TJ in Oregon]

I'm still holding out for an exponentially decaying tax rate function, which no one ever bothers to propose.

[H.E. VOLODYMYR ZELENKSYY]

I simply felt like popping into this thread just to say Beet kicked some serious ass here

By failing to explain why the Keynesian promises of 2009 did not pan out as predicted? By failing to explain why we should think the next four years will be any different from the past four if Obama gets back in?

You must be logged in to read this quote.

At least I have offered an explanation as to why this so-called "recovery" is pathetic compared to past recoveries. Nobody else on this forum has done so recently.

I think we can have a bit of entertainment from time to time, of course. Has anybody on here ever looked at Bowles and not laughed at his grannie glasses?

The reason the recovery isn't doing as well as we'd like is because the Republicans are keeping it that way for political gain.