In response to:

Tax Revenues Projected to Hit All-Time High in 2013

AmericanLiberal Wrote: Mar 05, 2013 1:55 PM
What are you clowns grumbling about all-time high revenues for? I thought you wanted to see deficit reduction? ! Now, the REAL discipline will be raising taxes when revenues get even higher, but that will be how the public debt is reduced. Too bad our economy is saddled with you idiots, whining about high spending during the downturns and whining about higher taxes during the upturn. Sort of saddles our country with pro-cyclical policies that reinforce, rather than mitigate, the business cycle. Idiots is the word, alright.
DevinDenver Wrote: Mar 05, 2013 2:02 PM
Al, do YOU have any clue what you are babbling about? Do YOU for one minute believe that if we give your boy an additional $500 billion in revenue he would pay one penny down on the deficit? If so, then I also bet you believe Al Gore won the election.
Can you not see the evidence staring you in the face that we have a SPENDING PROBLEM? Our revenues have averaged about 18.5% of GDP but our spending has average 21%. YOU could make the case that we need to raise revenue to the 21% level - but how do you propose to do that? What consequences would there be? Is it even possible? How about we reduce spending to the 18% level and balance the budget? (That presumes we have a budget).
magnetar Wrote: Mar 05, 2013 1:59 PM
commie. all you know is wrong, communist education on display
Uber Dave Wrote: Mar 05, 2013 1:58 PM
Flagged as Brazenly Moronic…
Dregs_are_Commies Wrote: Mar 05, 2013 1:57 PM
Upturn, GDP is down unemployment is up, where is the upturn?

The Congressional Budget Office anticipates that federal tax receipts will hit an all-time high of $2.7 trillion this fiscal year, yet the annual deficit will still clock in between $800 and $900 billion.  We have a spending problem:
 

An impasse over the shape of the federal budget keeps boiling down to this basic plotline: Democrats say the solution to high deficits must include more tax revenue, while Republicans say the fundamental problem is spending. Failure to reach a middle ground has prompted automatic spending cuts known as the “sequester” to go into effect. This wasn’t...