Question: To those who think the Cliff is the best solution... [View all]

[renie408]

I am confused. Everything I read says that going over the fiscal cliff will not only raise taxes, it means that the AMT patch expires retroactive to January 1 of last year. Meaning that 26 million households will be hit with a tax increase of an average of $3700 immediately. Also, the IRS has already warned Congress that changing the AMT after the deadline will delay refunds and be a 'disaster' for tax payers.

Also, the consensus seems to be that the sequestration measures would practically insure another recession and an increase in unemployment. Then there is the lack of confidence this entire fiasco has engendered throughout the world that the American government just FUNCTIONS even remotely like a governing body should.

So, given all that and a whole bunch more, why are you all so giddily happy about this thing happening? I hear a lot of people here painting this rosy picture of the new Congress coming together to sing kumbaya and passing something that will be PRECISELY what we would all just love to have happen....completely ignoring the fact that many of the same people are going to be in that Congress and that we may be dealing with a Speaker Cantor.

I think this whole thing has been a disaster. It undermines whatever faith people have left in our government and threatens a very fragile economic recovery. I do not see why anyone would say, "Oh, just go over the cliff and enjoy the ride." as if this is all just some game. No matter what happens, this isn't fun or funny.