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Obama Commission Will Call for Trillions in Tax Hikes

/ Wrote: Jul 26, 2010 5:37 AM

I agree with you, especially as it pertains to the 47% that do not pay income taxes. If it were up to me, people like you would be taxed at 99.99%. The producers of the world should not have to work so that parasites like you can have a free ride. It is time for you to start pulling the cart. Aren't you glad that we have found common ground?

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Tyler WA Wrote: Jul 26, 2010 12:49 PM

A flat tax is a good idea.

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Obama Commission Will Call for Trillions in Tax Hikes

Obama debt commission member, Republican Sen. Judd Gregg of New Hampshire, launched a scary trial balloon on ABC News. Gregg suggested the debt commission will likely recommend a massive $26.7 trillion tax increase. Here are Gregg's actual words:

"Everything has to be on the table - there's no question about that... Erskine Bowles, one of the co-chairmen of the commission, has suggested a 75-25 split -- 75 percent of the savings being in spending, and 25 percent in revenues... I think it's likely that there will have to be a revenue component, but it should be significantly, dramatically --...

Related Tags: Government Spending Tax Hikes Tax