Someone has to come up with that solution. There is general agreement that the next generation will not be as well off as their parents. This is a serious problem.
An economic system which produces an ever increasing lower class is unsustainable in a voting democracy. This isn't Syria where the haves can crush the have-nots with military force. It needs to be addressed now or face the voting consequences.
If taxes need to be selectively raised until this downward spiral is reversed, then that is an alternative. Those that see taxes as fixed in stone should come up with that 'big' help.
You're on the wrong site, Bunky. You should take your big government diarrhea someplace else.
raising taxes is not going to help. period.
Time to bury that chestnut. The generation that grew up during the Great Depression did not enjoy the life their parents had in the Roaring Twenties. Since the twentieth century prosperity has not followed a straight upward track.
One thing we know from history--raising taxes and gubmint spending now will guarantee not only extended misery (stagflation) but destruction of the dollar as well.
Are you nuts! Since when has raised taxes curtailed government spending? It never has and never will. The idea is to get rid of expendatures, that are nothing more than fluff, and stop using them to cushion political gains for politicians. Until this Gov. acts FOR the people again and not themselves there are no taxes that will change the overall spending habits of this government. Look at just Obamacare and the exceptions that flooded from that. That's peanuts compared to those with wealth who can and know how to protect their assets....including moving their companies off shore.