Where are the fucking jobs?
Tax cuts causes companies to hoard money, whereas higher taxes causes them to look for write offs, whether that be buying more equipment, hiring more people,etc. It is one of the big reasons the economy took off after Clinton raised taxes.
It's part of current GOP "logic". Just completely ignore history and campaign on expanding a failed policy. Like I said a long time ago after the GOP tidal wave.
They would see it as a mandate to push their real agenda. It's not jobs or economic recovery for the country. It's about abortion, gay rights and upwards economic wealth redistribution. Now with the Ryan selection it's all out there. Finally a battle of the 2 very different approaches from both sides.
We went from hemorrhaging jobs at a rate of 700,000 lost a month to actually gaining jobs. The recovery is slow, but to say it isn't happening is wrong. Even more wrong would be to return to the same approach that hit us into the mess.
So happy this has turned into an election that is a choice between the 2 different approaches. Good luck selling the American people middle class tax increases to fund tax cuts for the wealthy and austerity. Way to snatch defeat from the jaws of victory GOP
Argue for your opinion because it is true, not because it is your opinion.
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The repeal of Glass-Steagel had a lot to do with the financial shenanigans that exacerbated the meltdown. I'm a free market guy, but if you are guaranteeing the tax payer covers losses, you can't gamble with my money.
What has changed about too big to fail since then other than they are bigger? I would like to bend these guys over and roto rooter the crap out of them. Raising income taxes actually helps these guys more than it hurts because they'll get to loan more money.