Debt & Taxes

So, lately, John McCain and Sarah Palin have become fond of saying that “now isn’t the time to raise taxes on anyone.”

Okay, then answer this: when is the time?

Because when we had the best economy in American history, Republicans said we needed to cut taxes, particularly for the wealthy.

When our economy was struggling, they said we needed to cut taxes more, particularly for the wealthy.

And now that our economy is failing, they’re saying we need to cut taxes even more—again, for the wealthy.

Let’s be serious about this, guys. Our national debt is skyrocketing. We just passed a $700 billion economic rescue plan. We have 47 million uninsured Americans. Our military is at the breaking point. Our infrastructure is in disrepair. We have a dangerous dependence on foreign oil. Fixing all of these problems isn’t going to be cheap.

So when do we make the big corporations and the wealthiest Americans pay their fair share, for once? Our debt isn’t going to pay itself—either you pay for it out of the pockets of hard-working middle-class Americans or you pay for it out of the pockets of the wealthy, who can afford it.

And you can’t have it both ways—as the late Milton Friedman once said, to spend is to tax. All of that money is going to have to come from somewhere; I would much rather have that money come from America’s millionaires than from my meager paychecks.

(And sorry, guys, but eliminating $18 billion worth of earmarks out of a $3 trillion federal budget in the face of more than $10 trillion in national debt isn’t going to cut it).

I won’t hold my breath waiting for an answer.

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2 comments

  1. Frank Boots · October 30, 2008

    Look the fact is that neither of these candidates deserve to even be running for pres. AND no matter which one wins they are going to be a lame-duck, one termer. So what is the difference really. I am slightly to the right of Anarchist and I don’t see any of Obama’s policies to be life changing or earth shattering and if I did I would be all over him. I campaigned hard for Hillary and she was the only one besides Ron Paul out of all of the candidates that would have brought about any sort of radical change to this country. So as a life-long Dem. who has now turned Independent I am going to have to cast my vote for Mcain because he has more experience and also because Sarah Palin is smoking hot. It’s amazing how many people try to hamer her level of intelligence because she is a ballsy, strong, smoking hot woman. All of this crap about her wardrobe…So What? I’d like to hear about how much Michelle Obama spent at Huge-Butts-Are-Us on her wardrobe. Face it…Neither of these guys are going to make a bit of difference and are going to slip into obscurity after their one term for being presidents that followed the worst eight years of our country and the most inconsequential presidency since Taft. At least vote for someone that is going to protect us from all of the enemies that the Bush admin created until we can get Hillary in there in 2012 to really flip things around.

  2. Democrashield · October 30, 2008

    From Ron Paul to Hillary Clinton to John McCain. Either you’re pretty confused about what you believe in or you’re just trolling. Personally, I’d put my money on the latter.

    I’m flattered, though– I had no idea this blog was popular enough to attract fake PUMA trolls.

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