And so expect the screams for a tax increase to start any minute, along with some vague promises to cut spending a little even though spending has ramped up to a historic 24% of GDP and should be chopped significantly. I give up too. Let’s have a tax increase but not the kind the moochers want. Let’s have a tax increase on EVERYONE. A huge MIDDLE CLASS tax increase to share the pain with everyone. That is the only thing that is going to get suburban voters to actually think before they vote. No more free ride on the backs of the “rich.” Oh, and there should be a tax on the poor too. No more BS where half the country is off the tax rolls. Every single perosn should pay at least a certain percentage of their income as an income tax in addition to the payroll tax.
Agreed. Just let the Bush Tax Cuts expire for everyone.