Raise tax revenues? How about close the loopholes that let multi-millionaires like leftist WARREN BUFFET (who think Americans making $200K should foot the bill instead of themselves) hide their cash away? How about get rid of tax exemptions for charitable contributions that draw resources away from productivity?
So long as the idiots in Congress insist on playing the demagogic “class warfare” game against the upper middle class, the real rich parasites will never pay their dues—and the “humanitarian” NGOs will continue to siphon the economic lifeblood of the U.S.A.
Yup.
The Greek conservatives get it. Raising taxes kills jobs and makes sure the economy won’t grow for years.
A year in power has taught the GOP leadership nothing.
That is exactly what is being done. They are changing the tax code to eliminate loopholes and shelters, NOT raising tax rates. Why do so many frickin people on this site refuse to read the english language. Raising revenues is not the same as raising everyone's tax rates. It was the same crap with differentiating between health CARE and health INSURANCE. Nobody in this country is denied health CARE.
Um, that's what this does. It lowers the rates and limits deductions. I'm not sure it's the right thing to do, but it certainly addresses your objections.
That's exactly what this story is about. When you close loopholes, you DO raise revenues.