SURPRISE, SURPRISE, SURPRISE, … They Just Can’t Help It, Democrats Push for Tax Hikes First in Deficit Talks
As reported by Reuters,Democrats on the deficit reduction “super-committee” want to talk tax hikes first. Does this really come as a shock to anyone and just proves what a stupid idea this was in the first place. What a surprise, Democrats want to discuss raising taxes. is there ever a time that Democrats don’t want to raise taxes on Americans?
Democrats want tax hikes to be the first item negotiated in “super committee” deficit-reduction talks, trying to force Republicans to confront an issue at the heart of this year’s budget fights, sources told Reuters.
The tough stance by Democratic members of the powerful 12-member congressional panel reflects the party’s wariness that Republicans might try to sideline the issue of revenue increases in the negotiations.
“They’ve raised the idea of doing taxes first,” a Republican aide involved in the discussions said on Friday on condition of anonymity.
As stated at the American Thinker, there is so much out of control spending by the US government, raising taxes is not the answer … there have to be reductions in spending at all levels. The question is who has the guts to do it?
Consider: Over the next 10 years the federal government will spend over $40 trillion. The idea that there is not $1.2 trillion out of that mind boggling sum to cut without raising taxes a dime is beyond belief. There is probably 5 times that amount that could be cut without raising taxes – if we had a congress and political parties with the spine to do it.