TownieDeac
words are futile devices
- Joined
- Mar 16, 2011
- Messages
- 76,189
- Reaction score
- 16,925
Right. Somehow "tax and spend" or spending money we have is not seeing as fiscal responsibility but cutting taxes for the rich and spending money we don't have is fiscal responsibility.
I'm actually of the mind that apart from the moderately regressive tax structure in America, our taxes are probably too high generally. Corporate taxes certainly so. Where I'm 100% with conservatives is in simplifying the tax code; of course it is lobbyists for corporate and ultra-wealthy concerns who intentionally write tax law to make it extremely complicated and create loopholes. Were we to essentially eliminate all deductions entirely and make an extremely simple progressive tax structure starting at 0 for people at 1.25x poverty line and capping at something like 25% > $1MM but making it impossible to do any kind of tax avoidance, not only would it be easier to collect revenues (and avoid tax cheating), it'd lower the administrative overhead too. Just funding the IRS would accomplish some of these aims too. Simple shit!