In response to:

Senator Kyl Sees Higher Revenues Without a Tax Hike

pejones Wrote: Nov 14, 2012 9:14 AM
Apparently, if higher taxes are discussed intensely and with bi-partisan resolve, their substantial increase will lead to increased production and all problems will be solved. Likewise, the regulatory swamp only needs to be discussed and greater understanding developed of its great value to the economic recovery that is about to unfold via the creative department of the BLS. Let's see--I am going to invest more in--what? And expect to earn less--because the economy is weak and I want to pay more taxes? So more bureaucrats can agitate and interfere? So the Left-leaning government can experiment with greater government influence and control? I guess I will just "eat my peas", learn the benefits of being taught to be "fair", and go fishing.

A federal budget deal to avoid the fiscal cliff can be achieved without

raising tax rates, Senate Minority Whip Jon Kyl said Friday on the Kudlow

Report.

“Tax revenues can be generated by two ways other than raising tax rates,” he said. “One is to eliminate some of the deductions, credits, exemptions, special provisions in the code that end up producing more revenue but without affecting the rates. And the other is through economic growth.”

The senator from Arizona said he thought it likely a deal could be struck to avoid the so-called “fiscal cliff,” a deadline...

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