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In reply to the discussion: Reminder: Progressives Have a Great Solution to the 'Fiscal Bluff'! [View all]Lucky Luciano
(11,860 posts)43. Part of your math is fuzzy too.
"The President is recommending additional stimulus spending of 250 Billion to promote point (4)
Which leaves a net = 140 Billion"
Stimulus should generate jobs which generates taxes. The biggest way to erase the deficit would be to get our GDP growing again by 4% or more. That will mean unemployment will come crashing down (along with the very expensive unemployment benefits) and the deficit would be reduced heavily.
I don't see a need for 60% marginal tax rates or higher - that is not necessary.
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Reminder: Progressives Have a Great Solution to the 'Fiscal Bluff'! [View all]
grahamhgreen
Dec 2012
OP
Please add a Financial Transaction Tax to eliminate the computer driven front running
Vincardog
Dec 2012
#3
Follow these guidelines and mix in the ACA and watch the American economy boom!
Politicub
Dec 2012
#32