Raising taxes, within our present Federal Revenue system, will only make the problem worse.
We must stop spending NOW and replace our present the tax system with either a flat tax OR the “Fair Tax”.
I suspect there is an unintentional and partly subconscious groundswell of people trying to reduce “taxable” income and “taxable” spending. I am one of them. It was subconcious until I caught myself thinking that way.
It will have an impact. Craigslist and garage sales are gonna explode.
*sigh*
Even educated journalists miss the obvious!
When the 2003 tax cuts expire at the end of 2010, the federal income tax rates go back up to higher rates of the year 2000. Low income, middle income, high income will all get instantly hit with higher federal income taxes.
Everyone!!!
“Businesses can expect a mixed bag of hikes and cuts, but with a higher total tax bill.”
Which of course keeps the lobbying spigot wide open...
So how do we stop it? http://pushbackuntil.com
We, the people, have to take our country back from an inept and irresponsible Congress.
How in the world is Obama going to be able to do that and get elected in 2012? I don’t quite understand the logic.
Geesh. Who could have guessed?
Face it. We are all going to be slaves to taxes. Why? because there is nothing happening to change that fact.
The GOP is dead and nobody is going to fight what is coming. Why? because they have already swallowed the the new new deal without a fight.
I love the tea parties and even participated, but some timed tea parties cannot stop the daily onslaught of the evil that is going on now.