[Nextrush]

WE ARE GOING THE WAY OF EUROPE WITH A DEBT BOMB BURSTING AT SOME POINT.

ROMNEY REPUBLICANS AND OBAMA DEMOCRATS WILL RAISE OUR TAXES ONE WAY OR ANOTHER.

SENATOR PAT TOOMEY’S PLAN TO BALANCE THE BUDGET IN TEN YEARS IS MORE AMBITIOUS THAN PAUL RYAN’S BUT IT IS BUILT ON THE NOTION THAT TAX ‘LOOPHOLES’ NEED TO BE CLOSED.

READ MY LIPS, REPUBLICANS PLAN TO RAISE OUR TAXES.......

[gusty]

If we can't get rid of government subsidies for vacation homes than we are doomed. This is the problem, nobody wants to give up their handouts, even vacation home welfare. Lower the tax rates and eliminate all market distorting deductions. I repeat lower the rates and dump all deductions, even state taxes. You people down in Florida and Texas think you are paying no state income tax, you just do not pay it to your state. You are all subsidizing the high taxes in California and the Northeast through your federal income taxes. Eliminate this deduction and you will turn blue states red overnight. Right now, they do not care, because the rest of the country is picking up ,conservatively, 20% of their tab.