wrote:
On Mon, 02 Dec 2013 17:14:14 -0500, "F.O.A.D." wrote:

Lowering the tax rates on the wealthy and top earners in America do not
appear to have any impact on the nation’s economic growth.

I am not sure the effective tax rate has actually changed for several
decades. They lower the rates and remove some loopholes. Raise the
rate and add some loopholes.
The uber rich still pay diddly.
OTOH the working class doesn't pay at all.

I would support a 5% across the board hike on everyone.
The only way I would do it is if we simply froze spending at current
levels instead of going up every year

How about getting rid of Base Line Budgeting right now. Then they can not
say they are lowering spending, while actually increasing the outgo!