Reply #7: "new revenues that don’t undermine incentives to work and invest"

[regnaD kciN]

“I would ask Republicans to come up with new revenues that don’t undermine incentives to work and invest. And I would ask Democrats to recast entitlements in a way that doesn’t compromise the social safety net,” said Bob DiClemente, head of U.S. economic and market analysis at Citigroup in New York, according to Reuters.

TRANSLATION: We need more taxes, but not on the rich, whose wealth "creates jobs" and winds up being invested. Raise taxes on the middle class and remove the loophole that allow those "lucky duckies" among the working poor to avoid paying taxes just because they earn too little.

Don't think that's what he means? Wait and see.