Posted by Herm on August 08, 2010 at 12:16:52:
In Reply to: The Flim Flam Man posted by Squeegee on August 06, 2010 at 10:42:02:
I don't understand why 95% of the nation continues to vote for tax cuts that only really support 1% of the nation. Most of our debt today comes from tax cuts of the wealthy that were not paid for with discontinued services, like the 95% workforce/elderly “entitlements”, the “national protection” and the “national infrastructure maintenance”. We want the freedom and independence to choose exactly what we each do next but not to pay for the police, fire, and military defense or the health, viaducts or education that all work together to allow us that freedom and independence. I remove any one of those resources from my life and I lose significant amounts of freedom and independence; most importantly in an ability to choose to produce enough to have a little extra to invest in taxes just to continue those supporting services. At the rate we are going we will be lucky to even have a nation for our children’s children to pay down the national debt. They will be lucky to be able to walk away from this nation then as too many are having to do from their upside down home mortgages today. Herm
: And I do mean slash. The Tax Policy Center finds that the Ryan plan would cut taxes on the richest 1 percent of the population in half, giving them 117 percent of the plan’s total tax cuts. That’s not a misprint. Even as it slashed taxes at the top, the plan would raise taxes for 95 percent of the population.
: But they don’t. The Ryan plan is a fraud that makes no useful contribution to the debate over America’s fiscal future.