Recent News and Opinion
2015/4/17 - Relay For Life at LHS Harmon Campus on May 15th
2015/4/17 - Family Protests Lack of Police Action in Assault of Teen Daughter
2015/4/17 - Friday Briefs
2015/4/17 - Upcoming Events Around Lewisville and the Surrounding Area
2015/4/16 - Document Sheds Light on April 7th Murder
2015/4/15 - County-wide Food Drive Precedes Mayors' Day of Concern
2015/4/15 - Letters: LISD Board Candidate Smith Exposed
2015/4/15 - Temporary Closure of Connector Road Between Southbound I-35E Front...
2015/4/13 - Flood WARNING for Denton County
2015/4/13 - Lewisville Fire Marshal Ready to Help Apartment Residents with Tra...
2015/4/11 - Group Distributes Partisan Questionnaire to Local Candidates
2015/4/10 - TNMP Offering $5,000 grants to non-profits, free training on grant...
2015/4/10 - Updated: Second suspect in murder captured in New Orleans
2015/4/10 - Neuter Your Male Cat for a Nickel This Sunday
2015/4/10 - Upcoming Events Around Lewisville and the Surrounding Area
2015/4/9 - Free Garden Secrets Class: Smartscape Plant Selection
2015/4/9 - Burgess invites students, parents to Service Academy Forum Saturday
2015/4/8 - Faulkner, Hearne, Wood to take Texas Tunes stage April 18
2015/4/7 - Suspect in Custody: Lewisville Police Investigating Shooting Death
2015/4/7 - Traffic Pattern Changes in the Lake Cities Area Scheduled, Ramp Wi...
2015/4/7 - All Students Invited to Career Fair at FMHS - April 16th
2015/4/7 - Friends of the Library Book Sale This Weekend
2015/4/6 - Lewisville Lake Symphony Series Concert to Feature World-Class Pia...
2015/4/4 - Lewisville Animal Shelter changes adoption process, will host Paws...
2015/4/4 - Various Nightly Closures on Southbound Interstate 35E for an Upcom...
Recent Reader Comments
2015/4/16 9:22 - Re: Letters: LISD Board Candidate Smith Exposed (Anonymous)
2015/4/15 22:15 - Re: Candidates for Lewisville City Council, Place 2 - 2015 (RNeil)
2015/4/13 20:46 - Re: Group Distributes Partisan Questionnaire to Local Can... (Anonymous)
2015/4/13 5:50 - Re: Group Distributes Partisan Questionnaire to Local Can... (WhosPlayin)
2015/4/12 23:38 - Re: Group Distributes Partisan Questionnaire to Local Can... (Anonymous)
2015/4/12 23:14 - Re: Group Distributes Partisan Questionnaire to Local Can... (JFinCH)
2015/4/12 22:47 - Re: Group Distributes Partisan Questionnaire to Local Can... (PKelly)
2015/4/12 20:14 - Re: Group Distributes Partisan Questionnaire to Local Can... (Anonymous)
2015/4/12 20:00 - Re: Group Distributes Partisan Questionnaire to Local Can... (Anonymous)
2015/4/12 19:00 - Re: Group Distributes Partisan Questionnaire to Local Can... (Anonymous)
2015/4/12 16:32 - Re: Group Distributes Partisan Questionnaire to Local Can... (Jonathan)
2015/4/12 15:32 - Re: Group Distributes Partisan Questionnaire to Local Can... (Anonymous)
2015/4/12 10:24 - Re: Group Distributes Partisan Questionnaire to Local Can... (Anonymous)
2015/4/12 3:40 - Re: Group Distributes Partisan Questionnaire to Local Can... (Anonymous)
2015/4/11 23:47 - Re: Group Distributes Partisan Questionnaire to Local Can... (Anonymous)
2015/4/11 18:37 - Re: Group Distributes Partisan Questionnaire to Local Can... (Anonymous)
2015/4/9 17:21 - Re: Radio recordings were down (WhosPlayin)
2015/4/9 17:19 - Re: Suspect in Custody: Lewisville Police Investigating S... (WhosPlayin)
2015/4/9 9:53 - Re: Suspect in Custody: Lewisville Police Investigating S... (Anonymous)
2015/4/8 9:56 - Re: Radio recordings were down (Anonymous)
2015/4/8 6:27 - Radio recordings were down (WhosPlayin)
2015/4/6 0:12 - Re: Candidates for Lewisville Mayor - 2015 (Anonymous)
Re: Michael Burgess Misleads Constituents at Taxpayer Exp...

Poster: iSeeker  Posted: 2010/9/23 10:21:33

I like how you disparage what you deem "right-wing organizations" that Burgess quotes for his stats but then you hit people over the head with a blog put out by the White House Communications Director. Methinks the White House might have their own political agenda by saying that the republican plan would "double the national deficit in 10 years".

There was a good article in the Dallas Morning News yesterday (http://www.dallasnews.com/sharedconte ... ate.Edition1.4596ee6.html) that was put out by an AP writer. Here is what he had to say:

"Making all the tax cuts permanent would add about $3.9 trillion to the national debt over the next decade. Obama's plan would cost a little more than $3 trillion over the next decade, about $700 billion less than the Republican plan."

So the truth is, the republican view and the democratic view are really not all that different since both sides want to keep most of the tax cuts going.

Thus the real issue then is whether or not you believe that raising taxes in a down economy on those making more than $200k (if single) or $250k (if married) will help or hurt the economy. In a vacuum, the answer is easy: it will help because it will raise revenue and we need that since we are running such a huge deficit. Of course, we don't live in a vacuum. So, the real real question is: can the government do a better job using the taxes to stimulate the economy than leaving the money in the hands of the "high-wage earners"?

I really don't know that answer, but that is how I would frame it. I'm not necessarily against a progressive tax structure, which is what we have already, but intrinsicly I don't like percentage rate tax increases. Since we use %'s, individuals real tax bill already goes up in the good times, and goes down in the bad times. People, even those high wage earners, are making less now, than they did before. I would rather see government tighten its spending, yes, even provide less services, than keep the spending the same when revenues decline. Maybe they should even think about putting dollars away in the good so they have some money when things go bad. Isn't that what we all try to do?
Post Comment
Comment Rules*
Comments by registered users are always approved
Title*
Message Icon*
       
Message*
URL Email Images Inside images Smiley Flash Youtube Source code Quote

Bold Italic Underline Linethrough  Left Center Right  


Click the Preview to see the content in action.
Options*
 
 
 
Confirmation Code*

Click to refresh the image if it is not clear enough.


Input letters in the image
The code is case-insensitive
Maximum attempts you can try: 10
 

The Lewisville Texan Journal is a service of SagePost, Inc.
Login to Comment
User:
Pass:
Remember me
Lost your password?
Create New Account