In response to:

Durbin: Entitlement Reform is "On the Table," Just Don't Mention Any Specific Ideas

indy2012 Wrote: Nov 27, 2012 2:20 PM
whats you point? The tax code needs to be changed, the COTUS does not really factor in many things, like a war on terror.....we need to make sure our revenue can cover our expenses, and right now that means cutting like crazy and adding some taxes.... do you even realize what the point of 9/11 was????
indy2012 Wrote: Nov 27, 2012 3:43 PM
well that is why we have to cut entitlements......
indy2012 Wrote: Nov 27, 2012 2:58 PM
even that would not be enough revenue, you would to make deep cuts into all entitlements to actually balance the budget.....there is no reason to give everyone what they want, as long as the new plan works the populace can f themselves......
Resist, We Much!!! Wrote: Nov 27, 2012 2:56 PM
That's not enough revenue for what the American populace apparently wants. You will need to raise taxes on the middle class.

indy2012 Wrote: Nov 27, 2012 2:38 PM
i have said solutions for a while....and i really do not complain, this economy has been really good for me...its unfortunate that its been bad for others....

1 - cut taxes on all small business owners making less then 1 million to 10%
2- increase taxes on people making over 300k by 1-2% (small business owners are exempt)
3- increase taxes on millionaires 3-5%, maybe some cuts for business owners, but not as large as the for the ones making less then 1 million
4- keep capital gains between 10-15%
5- close loopholes for large corps, penalize for shipping high tech manufacture jobs (jobs that could be done here with a large profit, ipads), low tech jobs shouldn't be penalized

there are a few other things, but thats a good start....
Resist, We Much!!! Wrote: Nov 27, 2012 2:32 PM
His point is that there are specific taxes that are constitutional as set forth in the COTUS. There are four types of taxes permitted by the Constitution:

Capitation: A direct tax on a person or property, but must be apportioned amongst the states under the US Constitution.

Excise: A tax triggered by a "taxable event" like a death or sale.

Income: A tax on income.

Impost: A duty or tariff on imports and exports imposed by the government.

You will invariably hear over the coming weeks that our politics are broken because these damned Republicans refuse to compromise on anything.  This narrative, to put it bluntly, is a lie.  John Boehner reportedly offered hundreds of billions of dollars in new revenues during debt deal negotiations last summer (only to have Obama pull the rug out from under him), as did the GOP contingent on the 'Super Committee.'  Democrats shut down that plan, too, then refused to offer a single unified counter-proposal.  Sensing that they've backed their opponents into a corner in this dispute, liberals are aggressively...