RE: Majority of Americans think the GOP is too extreme
December 21, 2012 at 10:11 am
(This post was last modified: December 21, 2012 at 10:15 am by 5thHorseman.)
It's called timing, Capn. Certain things work well at certain times. If the tax cuts go out, it will come at the cost of many low-middle earning americans who are the real spenders in the country and cannot afford higher taxes right now. If their spending power is lowered, revenues are lowered, it's self defeating. There are times where taxes can be raised with little effect on peoples spending habits.
The reason there is no agreement is because the Democrats only want a tax rise on the wealthiest - who CAN afford it. The Republicans think that if there is going to be a tax rise, more people(lower earners) should get it too, but at the moment it doesn't make sense because it'll lower revenues and the debt will rise further.
The reason there is no agreement is because the Democrats only want a tax rise on the wealthiest - who CAN afford it. The Republicans think that if there is going to be a tax rise, more people(lower earners) should get it too, but at the moment it doesn't make sense because it'll lower revenues and the debt will rise further.
