CrusaderFrank
Diamond Member
- May 20, 2009
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As I understand the deal thus far, the Bush tax cuts will end next year. So there will be a tax increase. On the entitlement side, I think a good place to start is with mortgages. No interest deducts on any mortgage over 400K, and only on one home. There are numerous other high end loopholes to be cut, also.
Also, I saw nothing forbidding further increases in taxes, so let's add 5% on all income above one million, and a tax on the products of companies that have offshored their factories, then import the product back here. About 20% would be a start.
Let's get serious about debt reduction. Kinda like banks, you go where the money is. Simply killing off the old folks and cutting out programs for children, you know, those useless things like education and health, won't make it. You have to get some income.
Spoken like a true EnviroMarxists Eugenicists!