Recent News and Opinion
2014/4/13 - LTJ, Parents4LISD to Host Student Voter Forum April 15th
2014/4/13 - Sunday Morning Update - Almost Tax Day Edition
2014/4/11 - City-wide Spring Cleanup Set for Saturday, April 26th
2014/4/11 - Sheriff's Office Warns About Bogus Warrant Calls
2014/4/9 - Updated: FBI Announces Arrests in Child Sex Trafficking Cases
2014/4/7 - Lewisville Woman Wins Big on Price is Right 8,000th Episode
2014/4/7 - Lewisville Implements Year-Round Water Restrictions
2014/4/5 - Flower Mound to Use Social Media to Warn About Traffic Enforcement
2014/4/5 - Friends of the Library Host Book Sale Saturday and Sunday
2014/4/1 - Lewisville Buys Land Previously Proposed as Gas Drilling Site
2014/4/1 - Lewisville Resident Makes Splash in Neighborhood with Free Beer
2014/3/31 - Annual Charity Art Gala Scheduled for April 18th
2014/3/29 - Saturday Morning Update
2014/3/26 - Video: 35Express Project Holds Community Meeting in Lewisville
2014/3/24 - Old Town Resident Opens Little Free Library
2014/3/23 - LISD School Board Meeting Notes - March 17th, 2014
2014/3/18 - Economic Development Agreement Reached for Three Restaurants to Se...
2014/3/13 - Thursday Night Update
2014/3/8 - Dutch Oven Cookers Share Food, Fellowship, and Fun
2014/3/4 - Election Results - March 4th, 2014 Primary Election
2014/3/4 - Council Renews Waste Management Contract, Goes to Once-a-Week Garb...
2014/3/3 - Vote Tuesday, March 4th in Democratic and Republican Primary Elect...
2014/3/3 - Mainstreaming Radicalism in Texas
2014/3/2 - Lewisville ISD Closed Monday Due to Hazardous Driving Conditions
2014/3/2 - Power Conservation Requested for Monday Morning
Recent Reader Comments
2014/4/13 15:00 - Re: Sunday Morning Update - Almost Tax Day Edition (fvaughan)
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2014/4/1 21:32 - Time to Come Clean - April Fools! (WhosPlayin)
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2014/3/30 20:36 - Re: Mary Smith files for Place 6 on LISD Board (Anonymous)
2014/3/30 20:35 - Re: Mary Smith files for Place 6 on LISD Board (Anonymous)
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2014/3/26 6:18 - Cane Russo: $1,000 for a side of ranch dressing (WhosPlayin)
2014/3/26 4:07 - Re: Was Texas House Candidate Pat Fallon a Resident of De... (Anonymous)
2014/3/24 22:48 - Krista Stone for Place 6 (WhosPlayin)
2014/3/23 12:43 - Moving school board elections would be a terrible idea. (WhosPlayin)
2014/3/23 9:35 - Re: Economic Development Agreement Reached for Three Rest... (Anonymous)
2014/3/22 14:33 - Re: City-wide Spring Cleanup Set for Saturday, April 26th (cttx)
2014/3/20 6:58 - Re: City-wide Spring Cleanup Set for Saturday, April 26th (WhosPlayin)
2014/3/20 6:52 - Tierney Responds (WhosPlayin)
2014/3/19 18:54 - Re: Economic Development Agreement Reached for Three Rest... (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?
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