>> “Higher taxes are inevitable. We’ve reached the point of no return on that one sadly.” <<
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You’re either an idiot, or a plant.
Higher taxes will devastate our industrial production, small business (which is responsible for close to 90% of our jobs), and our economy.
We need a two year tax holiday to stimulate the economy, and the total repeal of Obamacare for starters. A repeal of all union protections is absolutely mandatory also.
Well, I'm not a plant so I guess I'm an idiot. I'm in favor of a flat tax that eliminates ALL deductions. Tax simplification will save a lot of money for everyone, even if the marginal rates end up slightly increasing revenues. I consider it a win win; start reducing the deficit with a combination of spending cuts and small tax increases where it makes sense.
But we can all just wish on a star and hope that the dems will do a complete turnaround and cut enough to save our country from financial ruin.