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Noreen Seebacher
User Rank
Blogger
Taxes
Noreen Seebacher   7/25/2011 3:29:39 PM
NO RATINGS
As much as we complain about taxes, the US is actually an extremely low-tax country compared to the other economically advanced countries. If we boost taxes. we'd be a lot closer to a balanced budget.

So how many of you are willing to pay higher taxes -- not stupid ones like AMT, but reasonable, generally fair taxes?

Scott Raynovich
User Rank
Blogger
Re: How did we get here?
Scott Raynovich   7/25/2011 1:11:36 PM
NO RATINGS
Ann: Pretty good summary.

Politicians (and voters) want to have their cake and eat it too.

Ann Logue
User Rank
Blogger
Re: How did we get here?
Ann Logue   7/25/2011 12:56:47 PM
NO RATINGS
I know how it got so bad. We've decided that taxes are always and everywhere evil, but we don't want to accept any spending cuts at all. No one wants to break the news to the voters that there is no Santa Claus.

That's all there is to it.

driven
User Rank
Iron
restructuring
driven   7/25/2011 12:03:55 PM
NO RATINGS
Where do you see this crisis going Scott? Given that we've reached the point of no return, how to we restore a sane economy? How do we rationally restructure without setting off a global collapse?

Tenacious
User Rank
Platinum
How did we get here?
Tenacious   7/25/2011 11:50:56 AM
NO RATINGS
Scott

How did we allow it to get this bad? Why was Uncle Vinnie so darn accomodating for so long? This seems beyond comprehension for any rational person, which probably explains why these decisions were made by politicians.

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