Tilted Forum Project Discussion Community - View Single Post - (Reality) Who will you pay more taxes with

dc_dux · 08-27-2008, 09:18 AM

According to the Tax Policy Center, McCain's tax plan could increase the national debt by as much as $4.5 trillion (plus interest) and Obama's by as much as $3.3 trillion (plus interest).

The debt increase of nearly $5 trillion over the last 7 years is due in large part to Bush's tax cuts. Do we really want to increase the national debt by another $3-4 trillion over the next 10 years?

Comparing the two plans, their is no doubt in my mind that the middle class and working poor would benefit more under Obamal's plan, (and that doesnt make me ignorant or a liar as has been suggested earlier in this discussion) and I also know which plan costs more.

But at some point the America people need to be told that a little more personal sacrifice may be required. That would particularly apply to the wealthiest.

So, IMO, the best scenario, assuming serious reform and overhaul of the tax code is unlikely, would be to return to the pre-2000 rates.

08-27-2008, 09:18 AM	#75 (permalink)
dc_dux Location: Washington DC	According to the Tax Policy Center, McCain's tax plan could increase the national debt by as much as $4.5 trillion (plus interest) and Obama's by as much as $3.3 trillion (plus interest). The debt increase of nearly $5 trillion over the last 7 years is due in large part to Bush's tax cuts. Do we really want to increase the national debt by another $3-4 trillion over the next 10 years? Comparing the two plans, their is no doubt in my mind that the middle class and working poor would benefit more under Obamal's plan, (and that doesnt make me ignorant or a liar as has been suggested earlier in this discussion) and I also know which plan costs more. But at some point the America people need to be told that a little more personal sacrifice may be required. That would particularly apply to the wealthiest. So, IMO, the best scenario, assuming serious reform and overhaul of the tax code is unlikely, would be to return to the pre-2000 rates. __________________ "The perfect is the enemy of the good." ~ Voltaire Last edited by dc_dux; 08-27-2008 at 09:36 AM..