midcan5
liberal / progressive
- Jun 4, 2007
- 12,750
- 3,522
This is sort of curious as we have our whiners too, has anyone noticed the medicare recipients, aka tea party? Not much difference there, and since our economy required a massive bailout it could just be this so called capitalist system ain't working much better, actually the great recession is proof it ain't. So if you throw stones make sure your nation is not another glass house and your whining is not just more whining and not something positive.
"The conclusion is that, if anything, tax increases on higher-income families are the least damaging mechanism for closing state fiscal deficits in the short run. Reductions in government spending on goods and services, or reductions in transfer payments to lower-income families, are likely to be more damaging to the economy in the short run than tax increases focused on higher-income families. In any case, in terms of how counter-productive they are, there is no automatic preference for spending reductions rather than tax increases."
Spending Cuts Vs. Tax Increases at the State Level, 10/30/01
"The conclusion is that, if anything, tax increases on higher-income families are the least damaging mechanism for closing state fiscal deficits in the short run. Reductions in government spending on goods and services, or reductions in transfer payments to lower-income families, are likely to be more damaging to the economy in the short run than tax increases focused on higher-income families. In any case, in terms of how counter-productive they are, there is no automatic preference for spending reductions rather than tax increases."
Spending Cuts Vs. Tax Increases at the State Level, 10/30/01