Liberal free for all coming to an end

[randolph]

Originally Posted by TracyCoxx

Obama's plan to reduce the deficit includes $1.5 trillion in new taxes. He had his chance to lead before. The democrats and republicans left deficit reduction strategies up to the deficit super committee, which from what I've heard were not going to depend on new taxes. Did he forget about that?

There is no way on earth this massive deficit is going to get paid off without severe cuts to government spending and a reestablishment of an equable tax system that treats everybody fairly. We can start with the capital gains tax, make it progressive based on income. Yes, that would mean I would have to pay more taxes.