BoatBanter.com - View Single Post - Greed is why there is no hiring...Corporate Greed

Jim

Colonel Kurtz wrote:
On 9-Aug-2010, wrote:

well NOW you're starting to see the light. and the george bush that
just left office?

his tax cuts are responsible for most of our deficit. but the right
refuses, in a pravda like manner, to tell THAT story
I have said a number of times, just let all of the tax cuts expire.

If you did just raise the 35% rate to 39% that would only raise
revenue about 6-7%, a drop in the bucket.
That assumes these people don't find ways to shelter more of their
income and with a 10,000 page tax code, that is likely.

The best part of the coming tax increases is the increase in the lowest tax
bracket from 10% to 15%. That's a fifty percent increase. It's about time
the unwashed start pulling their own weight.

Not going to happen, unless the Republicans get full blame for it.

Jim - Take that to the bank.