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Old 11-14-2012, 02:06 PM   #16
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Default Re: The Fiscal Cliff

Originally Posted by rufuspaul
I'm not crying for rich people, but I don't think they should be vilified either. Yeah a few percentage points here and there won't mean the end of the world but what happens after that? Come back the next year and say we still need to squeeze you more? Where does it end?
It ends when our deficit and debt is looking a little better. You get there by reducing spending and increasing revenue. I know it's hard for most conservatives to understand.

I'm content going back to Clinton era tax rates, making capital gains the same as regular income regarding taxes, creating some new brackets with higher rates for income after 1 million, 5 million, 10 million, 100 million, and 1 billion.

A good start.
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