Are people who support extending the Bush tax cuts missing the point?

We all want no taxes, but reality is, the USA has run up a 14 Trillion deficit since Reagan and that has to be paid of, along with a Trillion every year for the Pentagon and a whole lot of programs and departments like the department of education with 65 Billion a year.

You think taxes are too high? What level of taxation would be reasonable to you?

We have a debt. The debt must be repaid. The only source of revenue is taxation. Your libertarian ranting and raving won't change that.

All of the economic growth in America for the last 10 years or so has taken place at the top end of the income spectrum. Middle income and poor people have been getting poorer. It makes perfect sense to impose taxes on those who can afford to pay them. I know that you people pretend that we can just drop taxes and spending to zero, but that's childish nonsense. In the real world, we have expenses and they must be paid.

Andy: I like it when people who know nothing accuse others of ignorance. That's cute. What will your mythical book tell me? That you can repay the debt by lowering taxes? That's SO adorable!

Edit: At a 7% top marginal rate, we would no longer be able to pay the interest on our loans. The federal government would default. Is that what you want?

Your logic is a bit odd.

I think keeping the taxes lower is better than higher, so extending them seems fine.

But yeah, we are over taxed and spending into oblivion.

We do support lower taxes. But before we can have that, we have to stop the dems from raising them again.

It's a compromise.

Republicans have been excluded from doing anything else.

All that talk of bi-partisanship during the campaign from Emperor Zer0bama and Queen Pelosi was a fraud.

Well, if you're fighting to stop them from going up, knowing that there's no way that the Queen and her minions are going to lower them, you're halfway there.

I agree 100% revenue is not the problem. Spending it look at any house hold who can't balance their books and you will see spending is the problem.

That ain't what Obama wants...