- Sep 4, 2006
I payed more taxes in the 90s and I was fine.....I would wager most of us that made any money back then would love to go back to those times. While I agree that working people are taxed too much the preponderance of loopholes and exemptions in the tax code begs people to take advantage of them. The hedge fund salary loophole that Zebo mentioned is one of the most egregious....
I would be fine with bringing back the Bush tax cuts if we payed for it by cutting the defense budget accordingly. If we remove social security from the pie whats the biggest expense the taxpayers are responsible for?
The first idiot that cries we cant cut defense spending because its jobs get a pie in the face...
Well, Medicare, Medicaid, and Social Security are mandatory spending... so they can't exactly cut those.
Defense is discretionary and so they should. I'd like it if we didn't have wars u know?
Oh, and I would prefer it if we took care of these loopholes and shit that is flawed. What I don't understand is why it's not being done.