Dixie - In Memoriam
New member
This is just opinion. The CBO disagrees with you. The same argument can be made about cutting spending, and in fact, YOU have made it about cutting certain kinds of spending.
The bottom line here is that taxes are about to go up indiscriminately if they aren't able to reach a deal. That's what Boehner's legacy will be. The GOP will cause this, by their unwillingness to compromise even the smallest bit, in a way that only affects 2% of the population.
LOL... The CBO, for all intents and purposes, is a big calculator. As I said, on paper a tax increase generates more revenue, because it assumes there will be just as many taxpayers earning just as much income as before, but that is never the case in actuality. The CBO can't predict what will happen in the future, in fact, they explicitly aren't allowed to evaluate ramifications. All they do is add up the numbers.
This is NOT merely an opinion, it is based on what has happened in actual practice, whenever we've raised top marginal rates. Yes, I have made the same argument with regard to certain types of cuts in spending. Again, if the spending is in the form of incomes, and you cut them, where is the tax revenue coming from? So I don't advocate just willy-nilly cutting ALL spending. I believe we should cut unnecessary spending, on programs that are obsolete or do not work to benefit most Americans.
The bottom line is, I don't care how much taxes are going up, or how high the fiscal cliff is, that's something Democrats should be concerned about, since they are the stewards in charge at this time. If raising taxes is such a great idea and the CBO agrees, what's the problem? Seems the more we raise everyone's tax, the better off we'll be, right? I know you think this can be spun into the fault of Boehner, but Boehner can't make his fellow republicans vote how he wants, so how is this HIS fault?