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View Diary: Steven Rattner offers ideas on raising tax revenue and I respond (72 comments)

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  •  I agree with most if not all of these proposals (2+ / 0-)
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    stargaze, Words In Action

    so long as credits are established so that they don't make the taxes of low-income people any higher, e.g. the working poor, struggling families and seniors living on modest retirement income, and so long as they're phased in over a several year period so that their adverse economic and political consequences are lessened.

    Put hell yeah, we need to sop up some of that upwardly redistributed wealth and use it to pay down the debt and finance some of the spending we need.

    It's not like they really earned most of it, instead just exploiting the rules (that they changed) to turn a dollar's worth of work into a thousand's.

    "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

    by kovie on Sun Nov 25, 2012 at 06:48:24 AM PST

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