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Reply to "What happens to families earning over 200k a year under Obama vs Romney, Results are SHOCKING"
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[quote=Anonymous][quote=Freeman][quote=Anonymous]I don't agree with Biden in saying paying more taxes is patriotic. My love of country is not defined by what taxes I pay because I feel that the money I don't pay in taxes can be used to directly hire more people or buy more goods to help America.[/quote] And would you be willing to pay more in taxes to prevent Medicare insolvency and reduce the deficit/debt? Because that is the primary issue here. We need to reduce spending and raise taxes to achieve a sound fiscal footing. In your scenario under Romney, how are we going to reduce the deficit by simply cutting taxes? He has given no specifics as to how he will make up for the shortfall his actions would create, and the traditional government response has been to simply borrow more money. Our taxes are currently much lower than they were for most of the previous century, during which we had a long, prosperous economy. But for some reason, any attempt to raise taxes from unsustainable levels, even though they still wouldn't approach the highest points in the past 50 years, are portrayed as horrific. The current tax rates were never meant to be permanent, despite the mindset of some people.[/quote] Once we get the economy moving again we can raise taxes.[/quote]
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