Taxes should NOT be raised on anyone, rich or poor, until the government gets its fiscal house in order. Too much wasteful spending, too much money is unaccounted for, too much pork spending, and government agencies growing and spending without oversight.
Whatever happened to the Constitution that says the government must treat each and every citizen exactly the same? It does not allow for “progressive taxes.” Neither should we.
“Taxes should NOT be raised on anyone, rich or poor, until the government gets its fiscal house in order. “
The Republicans are going to be hurt badly over the payroll tax issue.
The Republicans want to effectively raise taxes on working people. However, they fight tooth and nail to keep from raising taxes on the rich.
If consumers have less money, that will hurt the economy just as taking money from the “job creators”. By the way, where are those jobs? Oh, I forgot, India and China.
The government can't raise taxes on the rich, only on the middle class. I know - I'm what the far left calls "rich". When my taxes go up, I raise what I charge (I can because my competitors raise their rates too) so that the entire tax increase is passed on to my customers, and my customers pay what I ask and pass it on to their customers. Raise taxes on your doctor, and your medical rates go up, so medical insurance costs rise. Raise taxes on the lawyers, and they charge more, and their customers (the grocery store being sued in yet another frivolous slip-fall, and the other businesses we all visit) pass the higher costs on to us. In the end, the middle class pays for all tax increases, but the politicians like to lie and pretend it's only "the rich".
The sad thing is that, because voters think it's money from "the rich" that is being wasted by Washington, they don't mind the reckless spending as much as they would if they understood it is their money that is being wasted. The "tax the rich" philosophy of the far left is immoral both because it is based on envy and because it is harmful to everyone, including to those the leftists claim to care about.