- #421
mheslep
Gold Member
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Interestingly your first option, raise everyone's taxes which might eliminate a ~quarter of the deficit, has been rejected as an option in a pledge by [STRIKE]the terrorist Tea Party[/STRIKE] [STRIKE]Grover Norquist[/STRIKE] http://www.politifact.com/truth-o-meter/promises/obameter/promise/515/no-family-making-less-250000-will-see-any-form-tax/"russ_watters said:Expansion: the other half (1/5?) of the current issue is tax increases. Spending cuts are complicated, but a specific spending plan is required of a President. Tax plans are not required, but they are typically so simple that there is no good excuse for not being specific about what you want. Tax bracket increases can be detailed with a 3x5 card of bullet points or in 15 seconds in a speech. In the case of the current situation, a one-liner is all that is really needed:
-Repeal the Bush tax cuts.
or
-Repeal the Bush tax cuts for upper income earners, but extend them for everyone else.
Obama in the campaign and later said:"I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes."
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