In response to:

Fiscal Cliff Notes

rdk Wrote: Dec 04, 2012 5:56 PM
Republicans have been pegged as defenders of the rich. They should go ahead and allow tax increases for the rich as a political expediency, as long as their are compromises in spending reductions. the rich can afford it; the middle class can not.
MacQ - Texas Wrote: Dec 04, 2012 6:37 PM
Except that NO reduction in spending has been offered. In fact obama/dems say they want new stimulus and MORE spending. Keep up/.
Bran13 Wrote: Dec 04, 2012 6:37 PM
There won't be "compromises" in spending deductions - that will NEVER happen
Martin145 Wrote: Dec 04, 2012 7:03 PM
Exactly! Just like Reagan agreed to a tax hike for spending cuts but the dumbocrat liars didn't cut a thing! The dems are dishonest and will lie, cheat and steal to get what they want, just like the little children that they are!!!!!!!!!

Amid all the political and media hoopla about the "fiscal cliff" crisis, there are a few facts that are worth noting.

First of all, despite all the melodrama about raising taxes on "the rich," even if that is done it will scarcely make a dent in the government's financial problems. Raising the tax rates on everybody in the top two percent will not get enough additional tax revenue to run the government for ten days.

And what will the government do to pay for the other 355 days in the year?

All the political angst and moral melodrama about getting "the rich" to pay...