In response to:

The Rich Pay Their Fair Share in Taxes — And Then Some

Andy440 Wrote: Aug 08, 2012 11:08 AM
Here is a novel idea.... instead of hiking taxes on the rich, why not CUT GOVERNMENT SPENDING? The problem is not the rich are not shouldering their 'fair share' of taxes, the problem is out-of-control, inefficient government, gobbling ever more of our resources and squandering them in the most wasteful, least effective way possible. The 'gulf' that exists between those who grasp that simple, fundamental concept, and those who DON'T is larger than the Grand Canyon. We either have a radical reformation and down-sizing of the power and scope of the Federal government, or we go the way of the former Soviet Union. We could squeeze the last kopek from the last rich man on earth and it wouldn't satisfy the ever-growing voracious appetite of D.C.
justme16 Wrote: Aug 08, 2012 1:21 PM
Depends on where one decides to "cut government spending" the latest trend is to attack the military...which btw is the ONLY real mandate of the Office of the President, the Congress and the Senate..to "protect and DEFEND the citizens of this country from it's enemies both foreign and DOMESTIC. Cut in the military typically have people believing that it is the Army, Navy, Marines, Air Force that will be cut. However DEFENSE department spending cuts will put hundreds of thousands of CIVILIAN who earn above avearge wages out of work in IN THE UNEMPLOYMENT lines..along with that wherever those organizations exist i.e Lockheed Martin, Boeing, etc..the local economies will also suffer. So taking that kind of money out of the mix
justme16 Wrote: Aug 08, 2012 1:24 PM
will only add to the problem of bloated welfare and entitlement programs while decreasing the amount of monies (through income and payroll tax losses when said employees and their employers no longer pay in) decline proportionately. Yet in it all the WELFARE programs where there is absolutely ZERO rate of return on investment continue to bloat and grow. btw the so-called TAX CUTS for the rich used a childish ploy to begin with by comparing dollar amounts instead of PERCENTAGES...the average worker received a FIVE PERCENT income tax cut and rebate, while the upper income earners only received a THREE percent break.....The dems started that little mis-direction even before the ink was dry on the bill.
ARE AMERICANS EAGER for higher taxes on the affluent?

Barack Obama and his allies clearly think so. The president who came to office vowing to "spread the wealth around" by raising taxes on individuals with incomes above $200,000 is doubling down, making a tax hike on the rich the centerpiece of his campaign for reelection.

"We should ask the wealthiest Americans to pay a little more," he urged a White House audience last week. "We're talking about folks like me going back to the tax rates that existed under Bill Clinton.… And here's the...