Boehner On Going Over Cliff: There’s ‘A Chance’

[julian09]

6. Gop added two wars, two Bush tax cuts, medicare drug program

without paying for any of them. The middle class has been losing ground for years on income, while the 2% gained exponentially.
The money the middle class didn't get, obviously can not be taxed. The money the 2% did get, at the expense of 98% is taxed at a
low rate. That and capital gains rate of 15% doesn't add the revenue needed to treasury. The Gop aim to starve the beast in order cut or end new deal programs, is a strategy not a solution for debt reduction. Gop obsession with defense spending, is only matched by their obstruction of infrastructure spending. They may succeed in reducing fed tax, only to increase tax burden on states, with less money coming from federal govt.