Quote:
Originally Posted by Repugnant Abomination
The GOP's stance on taxes is ridiculous. If the US defaults it will completely be their fault, and the American people will punish them in 2012 for it.
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What's ridiculous is that half the fucking households in the US don't pay income tax.
Spare me any fucking "oh the rich need to pay their share" bullshit; look at actual figures and see who already pays who's share.
The economic left's stance on taxation is "if we can get a small enough group of successful people to pay for everybody else, everybody else will vote for us!"
Sure it may be akin to armed robbery, and lacks any economic sense, but it sure buys votes.
I do agree with the sentiment that a significant simplification and reform of the tax code to have fewer specific tax exemptions (and as a result a lower base rate) is a good starting point to increase revenue.