I believe we need a lot more of this. What do you think?
From Washington paper - "Finding a rare piece of common ground when it comes to spending limits, Republicans and Democrats in the Senate voted overwhelmingly Friday morning to cut off federal farm payment handouts to farmers who already make more than $1 million a year.
The 84-15 vote was stunning not just for the size of support, but also for the coalition it assembled — liberal Democrats eager to target millionaires, and conservative Republicans who want to see federal spending trimmed."
Lets stop all taxpayer subsidies, grants, tax loop holes, and bail outs until we get our financial house in order. We are taking our hard-earned tax dollars to help wealthy people and other "Favorites" to buy Cadillacs, Buy Wind Mill Farms, Buy Solar companies, Not farm land, Farm other lands, Etc. Etc..Sometime we just have to say "We are Broke". We can't afford all this right now!
I have no problem with raising taxes, after all the pork and political favoritism spending is stopped! How about you??
Anonymous2011-10-21T09:15:42Z
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Yes the pork has to stop. However, when the pork directly affects individuals and their immediate communities, you will find that people will hesitate.
In addition, it is easy to say "stop all the loopholes" until people go to pay their taxes; I think when people realize that cutting out the loopholes would be the equivalent of paying more taxes, then you will see further hesitations....
It is definitely a complex situation, not so black and white as it would seem.
Interesting subject, particularly at this time. Around me, the wealthy are buying land for investment, do nothing with it because the Government pays them $ 40.00 per Acre per year for NOT farming it. Instead these landowners are renting the Property to others on a regular basis for hunting.
WHY are we allowing such Government payments while cutting Police, Teachers etc.?
I have a problem raising taxes...PERIOD ! Try a Balanced Budget Amendment , the same retirement plan for Congress as we have in the private sector, term limits, and line item veto FIRST !
Your final sentence gives you away. What difference does it make? I suspect the idea is to realize spending cuts first, then give tax cuts as opposed to raising them.