View Full Version : Bruce Bartlett: How to Raise Revenue Without Violating the Tax Pledge
Winehole23
09-13-2011, 11:50 AM
http://economix.blogs.nytimes.com/2011/09/13/how-to-raise-revenue-without-violating-the-tax-pledge/?hp
Th'Pusher
09-13-2011, 12:40 PM
This is poppycock. I have no problem with looking at increasing fees to help reduce the federal deficit, but it's not going to fill the hole, so Norquist's stupid pledge is going to have to be broken by the moron republicans that signed it. All of the major republican presidential candidates are saying they want to eliminate tax loopholes and lower the overall income tax rates, which is technically breaking the Norquist pledge. I guess we'll find out how much power Norquist holds over these fool republicans that sign his ridiculous pledge.
boutons_deux
09-13-2011, 12:47 PM
Fees are horribly regressive, which is what the wealthy are always trying to achieve, eg, Steve Forbes' flat tax.
When the wealthy like Forbes are pushing it, you know it's horrible for everybody else.
Th'Pusher
09-13-2011, 01:15 PM
Fees are horribly regressive, which is what the wealthy are always trying to achieve.
Ya. Not ideal. The fact that these schemes even have to be contemplated as a result of Norquist's complete control over the republican bots in congress is ridiculous.
Wild Cobra
09-13-2011, 03:54 PM
How to Raise Revenue Without Violating the Tax Pledge
Simple. Find ways of bringing the good paying outsourced jobs back. Even the low wage ones. Maybe put high tariffs on items we can and want to make here. take the USA from the 2nd highest employer tax rate in the works to the 10th or lower, making employers not so antsy to move away when they have the opportunity. Look at regulations and remove the idiotic ones, leaving just the sensible ones.
boutons_deux
09-13-2011, 04:21 PM
"Find ways of bringing the good paying outsourced jobs back."
put 30% tariff on all products imported from China, to offset the CHinese underpegging their currency to the $ by 30%.
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