How would YOU solve the budget Crises

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Community Leader
Registered: 01-25-2010
How would YOU solve the budget Crises
20
Thu, 07-28-2011 - 4:11pm

chaika

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iVillage Member
Registered: 03-02-2009
Sun, 08-07-2011 - 12:39am
janetlz wrote:

How does closing corporate tax loopholes increase the size of gov't?

C'mon, do you liberals ever think freely?

How does increasing taxes on the $250+er increase the size of gov't?

Really? Are you really asking how increasing taxes increases size of government? Not to mention loss of liberty!

How does repealing the Bush tax cuts increase the size of gov't?

OMG! You've got to be kidding, this is grade school stuff.

How do ATB cuts in gov't budgets increase the size of gov't?

Well, at least there is a bit of sense left.

Increasing revenue is not the same as increasing spending.

"Resist, we much. We must, and we much. About that, be committed."

iVillage Member
Registered: 07-09-2011
Sun, 08-07-2011 - 5:28am

The US does have one of the highest tax rates in the world (the highest most likely). In addition to excessive fees (which are nothing more than a thinly weiled tax), US companies typically pay taxes at three levels: Local, state and federal. Companies in other countries do not have to pay on so many levels.

The effective US tax rate is about 60%. You will be hard-pressed to find a country with higher taxes.

iVillage Member
Registered: 07-09-2011
Sun, 08-07-2011 - 5:36am

Cut spending 60%, cut taxes 30%. Phase

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Community Leader
Registered: 01-25-2010
Sun, 08-07-2011 - 8:43pm

What is your source for those figures?

dragowoman

iVillage Member
Registered: 07-09-2011
Mon, 08-08-2011 - 12:06am

It is a self-generated composite.

iVillage Member
Registered: 06-08-2011
Mon, 08-08-2011 - 8:22am

iVillage Member
Registered: 10-25-2006
Mon, 08-08-2011 - 9:42am

<>

Haha!

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http://www.pnhp.org/news/2009/october/meet_the_new_health_.php

http://www.youtube.com/watch?v=DQTBYQlQ7yM

iVillage Member
Registered: 07-09-2011
Mon, 08-08-2011 - 3:20pm

"Haha! Links would be appreciated"

Experience shows that isn't the case.

iVillage Member
Registered: 10-25-2006
Mon, 08-08-2011 - 5:10pm

<>

Okay......whatever you say!

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http://www.pnhp.org/news/2009/october/meet_the_new_health_.php

http://www.youtube.com/watch?v=DQTBYQlQ7yM

iVillage Member
Registered: 11-27-2009
Mon, 08-08-2011 - 5:26pm
<"The inflation rate since Obama took over has been under 3% until April, 2011."

Yes, I hear rubbish like that often. I notice your 'supporting evidence' is the CPI which tracks core inflation It doesn't include basic expenses like food, fuel and electricity. I'm sure for enlightened people as yourself, such things are free and therefore can be excluded, but the unfortunate reality is most people have to pay for their food, electricity and gas. And for those people, the cost of living has inflated 9% under BO.>

I think we can expect to see increasing interest rates now that the US has been downgraded, which if I understand economics enough, will translate to inflation.

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