[BobL]

The SINGLE easiest thing to do to correct the imbalance between takers and givers is to simply let the Bush Tax Cuts expire. Overnight, you’ll have something like 20,000,000 new taxpayers, and, at least, another 20,000,000 that pay next to nothing will see REAL tax bills.

It also doesn’t hurt to start taxing ourselves a bit closer to the level of services that we demand (yes, including FReepers when you talk SS and Medicare). So it’s a win all around.

...of course the Dems won’t let that happen, and the Republicans will be TOO SCARED to call their bluff - so we’ll wind up extending the tax cuts for the deadbeats, just as Obama wants.

[tbw2]

What in the Bush tax cuts took 20 million people off the tax rolls?

[central_va]

The problem is if the "Bush" tax cuts were to expire the economy would contract so it would be a net income nuetral for the Feds. It is amazing some of the economic fallicies I see on Free Republic.

Laffer Curve Link