Since tax hikes are a non-starter, what would you propose?
Thanks in advance for your reply.
There will be tax hikes.
We both know that. People and corporations seem to want the services and welfare the Fed and State Gov provides, and there has to be a way to pay for them.
We can pretend all we want to that tax hikes won’t happen, but that seems to be what the people want. With an aging population going on entitlements like Social Security and Medicare, they will not accept any cuts. With the public sector (and that includes defense) not willing to make any cuts either without blowing up the Republican party, that leaves taxes.
I don’t want higher taxes, but if the GOP wants to get elected in the next ten years they have to concede some on that front. If that means ending some subsidies and tax credits, (which is a tax increase) on businesses and individuals, then so be it.
I used to think differently. I used to think that government could be cut. But honestly the people on this board proved me wrong. Everyone says they are a fiscal conservative, till their program gets cut. We have people saying that they have to get THEIR SS money, even though it is not possible to fund it. We have people who work for defense contractors demand that THEY don’t get any cuts, even though those of us in the private sector have to take them. We have energy companies making record profits demand to keep their special subsidies and special EPA rulings (which are a much lower standard than just about anything else) who will not accept anything else. And that doesn’t even mention the school districts that are having to cut 25% of their budgets (as one local school in Illinois is having to do) because of budget cuts.
The GOP needs to get in front of the issue and ask Obama “How will you pay for this?” and demand they get explicit. Ask for real numbers, not pie in the sky fantasies. They also need to realize that if they are serious about cuts, they need to be serious about some of the sweetheart deals that have been made and the pork they bring home to their districts.
In short, it will have to be taxes. No one seems to want to accept anything less than what the government “owes” them, so the money has to come from somewhere.
There will be tax hikes.
We both know that. People and corporations seem to want the services and welfare the Fed and State Gov provides, and there has to be a way to pay for them.
We can pretend all we want to that tax hikes won’t happen, but that seems to be what the people want. With an aging population going on entitlements like Social Security and Medicare, they will not accept any cuts. With the public sector (and that includes defense) not willing to make any cuts either without blowing up the Republican party, that leaves taxes.
I don’t want higher taxes, but if the GOP wants to get elected in the next ten years they have to concede some on that front. If that means ending some subsidies and tax credits, (which is a tax increase) on businesses and individuals, then so be it.
I used to think differently. I used to think that government could be cut. But honestly the people on this board proved me wrong. Everyone says they are a fiscal conservative, till their program gets cut. We have people saying that they have to get THEIR SS money, even though it is not possible to fund it. We have people who work for defense contractors demand that THEY don’t get any cuts, even though those of us in the private sector have to take them. We have energy companies making record profits demand to keep their special subsidies and special EPA rulings (which are a much lower standard than just about anything else) who will not accept anything else. And that doesn’t even mention the school districts that are having to cut 25% of their budgets (as one local school in Illinois is having to do) because of budget cuts.
The GOP needs to get in front of the issue and ask Obama “How will you pay for this?” and demand they get explicit. Ask for real numbers, not pie in the sky fantasies. They also need to realize that if they are serious about cuts, they need to be serious about some of the sweetheart deals that have been made and the pork they bring home to their districts.
In short, it will have to be taxes. No one seems to want to accept anything less than what the government “owes” them, so the money has to come from somewhere.