Recent News and Opinion
2015/5/26 - LHS Choir Closes 2015 Season With Fanfare
2015/5/26 - Lewisville Taking Applications for Citizens University
2015/5/25 - Lewisville Lake Spillway Overtopping
2015/5/25 - Possible Severe Weather for Monday Afternoon
2015/5/24 - Possible Tornado Destroys Part of Lewisville Boat Storage
2015/5/23 - Tornado Watch Saturday Night
2015/5/23 - Lewisville Police Respond to Barricaded Person in Castle Hills
2015/5/23 - Updated: Flower Mound HS Student Photographer Forced to Take Down ...
2015/5/22 - Lake and Hydrology Update - 5/22/2015
2015/5/21 - Lewisville Memorial Day Observance Scheduled for May 25th - 8:30 a.m.
2015/5/20 - Lewisville Civic Chorale Presents Bach's Lunch May 31st
2015/5/20 - Food Reviews: Zoës Kitchen
2015/5/20 - KTA Deemed Success Despite Weather
2015/5/19 - Letters: Don't Touch the Hazlewood Act; Protect Texas Veteran...
2015/5/17 - Update on our Hydrologic Abundance
2015/5/15 - Max Baca & Los TexManiacs Play Lewisville May 23
2015/5/15 - April Housing Report for Lewisville Area
2015/5/15 - Seventh Annual Denton County Women Leading Business Conference and...
2015/5/14 - Lewisville Chamber Welcomes Pie Five
2015/5/13 - Wednesday Briefs
2015/5/11 - Abbott Declares Disaster for Texas Counties, Including Denton
2015/5/11 - Lewisville Lake Park Closed Due to High Water, Flooding
2015/5/11 - Breaking: Creekside Elementary Was on Lock-down
2015/5/11 - Storm Destroys Auto Shops; Damages Diner and Several Other Businesses
2015/5/11 - Lake Update
Recent Reader Comments
2015/5/27 23:04 - Re: Updated: Flower Mound HS Student Photographer Forced ... (Jonathan)
2015/5/27 17:43 - Re: My Take (Gindjurra)
2015/5/27 15:48 - Re: My Take (Anonymous)
2015/5/26 12:16 - Re: Updated: Flower Mound HS Student Photographer Forced ... (Snortles)
2015/5/25 11:36 - Re: My Take (Anonymous)
2015/5/25 8:52 - Re: Updated: Flower Mound HS Student Photographer Forced ... (Jonathan)
2015/5/24 21:31 - Re: My Take (WhosPlayin)
2015/5/24 21:30 - Re: My Take (WhosPlayin)
2015/5/24 12:54 - Re: My Take (Anonymous)
2015/5/24 9:48 - Re: Flower Mound HS Student Photographer Forced to Take D... (Anonymous)
2015/5/24 8:23 - Re: My Take (Anonymous)
2015/5/23 22:34 - Re: My Take (Runfellow)
2015/5/23 21:49 - Re: Lewisville Memorial Day Observance Scheduled for May ... (Anonymous)
2015/5/23 20:57 - Re: My Take (Anonymous)
2015/5/23 17:04 - Re: My Take (Anonymous)
2015/5/23 12:37 - My Take (WhosPlayin)
2015/5/21 8:33 - Re: Food Reviews: Zoës Kitchen (Anonymous)
2015/5/13 10:20 - Re: Wednesday Briefs (Anonymous)
2015/5/13 7:20 - Re: Update on City Smartphone Appp (Re: Candidates Discus... (Anonymous)
2015/5/12 14:47 - Update on City Smartphone Appp (Re: Candidates Discuss Issues at Castle Hills Forum) (RNeil)
2015/5/10 23:03 - Re: Food Reviews: Good Times Cajun (Anonymous)
2015/5/10 21:41 - Re: Residents In Good Hands (TJGilmore)
Re: Michael Burgess Misleads Constituents at Taxpayer Exp...

Poster: WhosPlayin  Posted: 2010/9/29 8:59:31

I'm not saying that lying is a uniquely Republican tactic, or that you have to lie to be a Republican. But these days, if someone is telling a whopper, or just misleading people, it's very likely a Republican. It seems there is almost no shame anymore in just flat out making shit up, or selling a false narrative.

I know there are those who view the tax system as "punitive". I don't. That's not the point of taxes. Although I believe in a progressive tax system, I strongly believe that everyone needs to pay a share and take some ownership.

As far as paying based on resources one uses - maybe that's not the best way to look at it. Without a strong, stable, functioning government and all of the services it provides to keep society functioning, the net wealth of the country would be tiny. So to achieve wealth here may not necessarily rely on direct government services, but is enabled by the stability and education and affluence of society at large, which has progressed because of the shared values we manifest through our government. So, I think it's fair to have a bit of a spread so that those who can afford it more pay a larger share.

Again, it's not punishment, and we don't need to go back to the old confiscatory rates. But it's more than reasonable to look back and see where the rates as they were set back in the Clinton years, when everyone was making money and we had a budget surplus to pay down debt, and think that we went wrong.

Being a believer in Keynes, I think it's good (at the Federal level only) to pile up reserves during good times, then spend down in hard times. You need tax rates a bit higher during good times when people can afford it, so that you can afford to lower them as stimulus during bad times. The problem is that for Republicans, they don't follow through on raising them back up to meet the need. Even Democrats rarely have the courage to say "now is the time". So there we were, having cut taxes to an unsustainable level in the middle of two wars, and we find ourselves facing the deepest recession since the great depression, and we have no reserves - only debt. We have no wiggle room in the tax rates, because they were already at unsustainable low levels.

Now conservatives rightly seek spending cuts. I'm all for continuing to seek efficiencies and cut waste, but even the Republicans can't find enough to cut to balance the budget - and I don't trust them not to cut safety-net expenses I consider vital.

That leaves us with the only real option, which is to raise taxes.

Given that tax cuts for the wealthy are poor stimulus, and tax increases for the middle class are chilling, I only see the one option in the short term - raise taxes for those who can afford them now, then come back in a year or two when unemployment has come down, and raise the lower levels.

Of course, the chance of that happening in today's political climate is nil, I think.
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