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The Best Solution

The Teleprompter Speaks Wrote: Nov 19, 2012 2:22 PM
And when raising those taxes doesn't work, what then? Letting the current tax cuts expire for those people will only bring in $82 billion a year. That's nothing when we run $trillion plus deficits. But if we could get a grand bargain... maybe. The problem is getting Obama and the Dems to stick to their agreements. This year we agree to tax reform and it never happens. Or they just start adding the loopholes back in, and we're back where we started.
cchuba Wrote: Nov 19, 2012 3:47 PM
That's why I would like CORPORATE TAX reform instead of promises of future budget cuts.
The only way to guarantee that the budget cuts take place is to let the sequester happen.
During last Wednesday’s news conference, President Obama offered his plan for dealing with the looming fiscal cliff and expiring tax cuts. While the President claims he desires to work with Congress to reduce the deficit in a balanced and responsible way, he was clear that he intends to hold the middle class hostage in order to achieve his goal of increasing taxes on more successful Americans.

How is the President doing this? By announcing that Congress must either bow to his agenda or send all Americans a higher tax bill.

While Obama was busily pushing his ultimatum, he seems...