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Tax Revenues Projected to Hit All-Time High in 2013

conservative_one Wrote: Mar 05, 2013 10:50 AM
Taxes will never be high enough for Democrats, just listen to them, they tell you this all the time.
Bill1895 Wrote: Mar 05, 2013 11:16 AM
I used to think that public funding was the worst addiction ever but the urge to tax others may be worse.

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...