Quote Originally Posted by El Kabong View Post
Raise taxes on the 1% go right ahead....it won't help anything. That might raise billions of dollars but at the end of the day we'll have another TRILLION dollar deficet. And yet @Kirkland Laing will still be here saying America isn't taxing the wealthy enough but he'll make 0 mention of the spending. When you spend more than you make and you make a great deal of money then you don't have a revenue problem you have a SPENDING problem.


But whatever, the Democrats won everything I'll sit back and wait for them to screw shit up....and they will


Raising taxes on the extremely wealthy does not solve the whole problem, but it's a start. Everyone agrees it has to be coupled with decreased spending. And reducing the deficit is going to be a slow, painful process. There's no magic wand that will make it go away entirely and quickly. Some of us just think that the belt-tightening ought to start at the very top of the wealth chain, that's all.