In response to:

Who's Afraid of the Fiscal Cliff?

ksatifka Wrote: Nov 27, 2012 10:40 AM
Mr Buchanan's objection to the FICA tax being returned to 6.2% demonstrates how hard it is to raise a tax after it has been lowered. As a working person paying this tax, I objected to it when it was lowered. With the SS fund going BANKRUPT it made no sense in the first place and, unless I'm missing something, it has not really helped the economy anyway. As it was an Obama initiative to begin with, why on earth would the Republicans go out on a limb to support another misguided Obama idea? All involved should admit that lowering the FICA tax to begin with was a mistake and let it lapse.
lesoc Wrote: Nov 27, 2012 11:40 AM
This tax cut makes sense only from one viewpoint. Bankrupt social security faster, and make it easier to raise other taxes to prevent starvation, make it easier to implement the full socialist utopia.
Were the average Republican asked for a succinct statement of his views on taxation, he or she might respond thus:

"U.S. tax rates are too high for the world we must compete in. The tax burden -- federal, state, local, together -- is too heavy. We need to cut tax rates to free up our private and productive sector and pull this economy out of the ditch."

This core conviction holds the party together.

Yet today the leadership is about to abandon this conviction to sign on to higher tax rates or revenues, while the economy is nearing stall speed. Yet,...