Off-Topic: Paul Ryan's Bold Budget Proposal
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Name:   water_watcher The author of this post is registered as a member - Email Member
Subject:   Paul Ryan's Bold Budget Proposal
Date:   4/5/2011 1:17:53 PM

he is demonstrating the political courage we need. As usual the dems are trying scare tactics to avoid the issue and playing politics.

Obama's budget is 90% of GDP ... even Ryan's proposal only gets the federal budget down to 74% of GDP. But our politicians need to face the music or we are headed for a train wreck.

As I have said many times ... I believe Obama, and most democrats, want the train wreck. If not, then stop ignoring the "spending" problem and start cutting. The answer is not higher taxes. Higher taxes simply generate more spending ... that is what got us here. More taxes just means slower growth in the economy ... growth is what will pull us out of this mess.

The dems want to praise Clinton ... it was growth from the tech sector that generated the budget surpluses. All I ever here is tax the rich more ... that is already happening. While the "marginal rate" has declined -- the "effective rate" has increased with all the limits now on deductions tied to income levels. Even the ability to claim yourself goes away based on income. It is musical chairs ... the dems cry how the upper income marginal rate has gone down --- that is right --- but the fail to mention all the limitations that were implemented at the same time on deductions that raised the "effective rate" for most high income earners.


Other messages in this thread:View Entire Thread
Paul Ryan's Bold Budget Proposal - MartiniMan - 4/5/2011 8:31:46 AM
     Paul Ryan's Bold Budget Proposal - Talullahhound - 4/5/2011 9:30:14 AM
          Paul Ryan's Bold Budget Proposal - MAJ USA RET - 4/5/2011 9:49:35 AM
               Not going to do it - Summer Lover - 4/5/2011 10:07:00 AM
               Paul Ryan's Bold Budget Proposal - Talullahhound - 4/5/2011 10:32:35 AM
                    Wrong on taxes - MartiniMan - 4/5/2011 11:56:07 AM
          Paul Ryan's Bold Budget Proposal - water_watcher - 4/5/2011 1:23:11 PM
          Paul Ryan's Bold Budget Proposal - Tall Cotton - 4/5/2011 2:02:02 PM
               Paul Ryan's Bold Budget Proposal - water_watcher - 4/5/2011 4:13:06 PM
     Paul Ryan's Bold Budget Proposal - Barneget - 4/5/2011 11:53:00 AM
     Paul Ryan's Bold Budget Proposal - water_watcher - 4/5/2011 1:17:53 PM



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