Re: Could someone explain this to me
Degs it's hard to understand, especially when you have Rich giving you a Fox News talking points answer....
They aren't against making the 47% of Americans who actually make money from the IRS paying their fair share.
This statement is so wrong on so many levels.
1st NO ONE MAKES MONEY FROM THE IRS. PERIOD. ( unless you work there). The millions that fall below the min federal tax threshold definitely make zero from the IRS. This is why I want all tax loop holes closed, as some on the personal side allow people that actually should get taxed fall into the tax free bracket. I think if you cut out ALL loop holes on the personal and business taxes, then you actually cut the overall tax rates, but increase overall revenue. The payroll tax cut has helped the poorest people have more income to spend...which is what drives the economy.
A big problem I have with the Repub approach to get the economy started again is the idea that lowering corporate taxes will spur job creation. What it does is increase corporate profits, but if there is no increase in sales and orders, there is no job creation. Like when we lent the money to the banks, they didn't lend to businesses or people, but used it to clean up their books and increase profits. Nothing more. Government is not here to provide jobs !! Period !!! This should be a free market society, so if we have over spent then we need some belt tightening, both personally and corporately. Why is it that people feel it is the governments job to create jobs and basically bail the consumer out ??? We need to cut spending and increase revenues, simple as that . No other way around that!!