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Old 04-20-2011, 02:07 AM   #9
italertb

Join Date
Oct 2005
Posts
419
Senior Member
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I will take a 4% raise in all tax brackets EVEN THE zero one.

so everyone pays at least 4%
The fact that a conservative voice at this forum is willing to talk about increasing taxes is encouraging. Unfortunately the Republicans still swear to never raise taxes no matter what and no matter when.

Look at how difficult it is for even a conservative of good standing to suggest a tiny tax increase:

The rift within Republican ranks has surfaced in a bitter back-and-forth between two heroes of the conservative movement: Sen. Tom Coburn of Oklahoma, who has been working with a bipartisan group of senators on a compromise to reduce government borrowing, and Grover Norquist, author of the no-tax-increase pledge that has become a rite of passage for GOP candidates. At stake is a pillar of Republican orthodoxy that has for decades united every wing of the party in a quest to shrink government's reach.

As the battle over the federal deficit escalates in Washington, the two men are sparring over Coburn's seemingly narrow proposal to eliminate a $5 billion annual tax break awarded to companies that blend ethanol into gasoline. But both sides say this cuts to the core of a quandary for the GOP: Will the cause of trimming deficits run aground on the conservative principle that the government must not increase the amount of money it takes in through taxes? Politically we need to do both. Neither party is going to be punked into entirely giving away the farm to the other. No one is going to give up hard-fought benefits, especially not the elderly (with their high voting rates).

Economically we need to do both. Federal taxes are at their lowest in decades, and with a growing elderly population federal spending will need to increase to around 23 percent of gdp.
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