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? asked in Politics & GovernmentPolitics · 8 years ago

Now the GOP is embracing tax increases over spending cuts, is it officially dead?

Both parties have systematically assaulted our civil liberties, and now the Republican party is beginning to advocate tax increases over tax cuts.

I have a feeling as America continues to deteriorate with loss of freedom and driving 90mph straight off a monetary cliff, those people who bashed Ron Paul and other grassroots activists who believe that abandoning our principles on liberty and a limited government will be sorely missed.

We have a 3.6 trillion dollar budget and both parties are now saying we need more of your money. 10 years ago it was half of that and everything seemed to get paid for.

So what gives? Washington is squeezing blood from a stone, and it's obvious now that both parties aren't even different when it comes to fundamentals.

Update:

AArig - They're going to end tax deductions for the middle class household as well, and raise our taxes.

You will see a tax hike.

Stop advocating more taxes and advocate more cuts for pete sakes.

Update 2:

Aye - We have so much wasted spending it's unreal. Yes we can just do spending cuts. Why can't we go back to year 2000 levels of federal spending where everything seemed to go paid for with half the amount?

It's the endless bureaucracy and never ending foreign wars that are draining us dry and we cannot pay for it anymore...

Look at the state of our dollar, and the economy. Look at unemployment numbers, look at the cost of living, and look at the damned fact that Americans can't stay in their homes because they can't pay for their mortgages..

Seriously you think tax increases will solve our problems? No. It's going to make it worse.

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  • Anonymous
    8 years ago
    Favorite Answer

    There's no possible way we can solve our deficit problem with spending cuts alone. If we reduced our entire Federal government to nothing but a military, we might be able to do it. But I really don't think anyone would enjoy the outcome of a policy like that.

    So Republicans are starting to realize that we'll never be able to turn our deficit into a surplus, and at least stop adding to the debt, without new revenues. And they're realizing that a slow return to Reagan-era tax levels may not be the unthinkable horror that some think it might be.

    Grover Norquist's "pledge" is just ridiculous. You can't govern a society with the philosophy of "always cut, never increase." Eventually, you'll have cut things to the bone and you'll be paying for everything on the credit card. Which started happening during Bush's term.

    It's time to repair the damage.

  • 8 years ago

    It has been known since the election that Speaker Boehner will sell out.

    Remember how Reagan got snookered by Tip Oneal in that the Democrats got the tax increases up front while promising spending cuts in October? And the cuts never came through.

    Probably the same thing will happen here. The tax increases will happen and the cuts will never happen.

    And don't forget "baseline budgeting". Everything is always scheduled to automatically increase by 8% so if a deal is made to only increase by 4% everyone can claim there were "cuts".

    Washington DC is completely corrupt. On your dime.

  • Rainy
    Lv 5
    8 years ago

    We need tax increases AND spending cuts to fix our deficit. Period. It's not either/or. I don't like it either. I like it when my taxes are low. But you can't have it both ways. We are going to have to deal with it.

  • 8 years ago

    The federal reserve is where the real debt lies, the "16 trillion" is nothing.

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  • Anonymous
    8 years ago

    tax increases with spending cuts, not over spending cuts.

  • Anonymous
    8 years ago

    Bush borrowed Chinese $ to pay for two wars. That has to be paid back. Republicans wanted those wars. Let them pay it back

    Source(s): CNN
  • Anonymous
    8 years ago

    It is the sign of things to come.

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