Recent News and Opinion
2015/9/4 - Document reveals evidence, motive in Black murder
2015/9/3 - Food Reviews: Giovanni's Italiano Cafe
2015/9/3 - Local law enforcement to remember slain deputy Darren Goforth
2015/9/3 - Murder Suspect McCord Turns Herself In
2015/9/2 - Updated: Three arrested in two separate incidents for assaulting p...
2015/9/1 - All DCTA Services Down For Labor Day
2015/8/29 - City hits $2.4 million snag in Valley Ridge extension project
2015/8/29 - Saddle Club to Host Labor Day Rodeo - Sept 5, 6
2015/8/28 - Supervisor wins senior pageant
2015/8/28 - Farmers football falls short against Rowlett
2015/8/26 - Fighting Farmers face Rowlett Eagles in Thursday game
2015/8/26 - Police ID suspect in July murder
2015/8/25 - Lake Dallas coach arrested for sex with student
2015/8/24 - Lewisville schedules mosquito spraying
2015/8/22 - LTJ Print Edition
2015/8/21 - Live Music Reviews: Dolly Shine at Hat Tricks Thursday, August 20th
2015/8/21 - Ham radio operators host HF radio day Saturday
2015/8/20 - VAL's "As Above, So Below" Exhibit: A Critical View
2015/8/19 - Motorists Reminded to Be Careful as Kids Head Back-to-School
2015/8/19 - LHS Volleyball Starts Season Strong
2015/8/19 - Upcoming Closures on the 35Express Project
2015/8/18 - Lewisville Kroger store to close after 28 years
2015/8/18 - Lewisville Voters to Decide on Bond Package
2015/8/17 - DCTA service changes effective Monday, August 24
2015/8/16 - LTJ Prints First Newspaper
Recent Reader Comments
2015/9/4 16:10 - Re: Murder Suspect McCord Turns Herself In (Anonymous)
2015/9/4 12:48 - Re: Updated: Three arrested in two separate incidents for... (Anonymous)
2015/9/3 22:45 - Re: Food Reviews: Giovanni's Italiano Cafe (WhosPlayin)
2015/9/2 11:48 - Re: Three arrested in two separate incidents for assaulti... (Anonymous)
2015/9/2 3:31 - Re: Three arrested in two separate incidents for assaulti... (Anonymous)
2015/8/31 14:51 - Re: LTJ Prints First Newspaper (Anonymous)
2015/8/30 18:11 - Re: Lewisville schedules mosquito spraying (trafton)
2015/8/30 18:00 - Re: City hits $2.4 million snag in Valley Ridge extension... (Anonymous)
2015/8/30 17:55 - Re: LHS Volleyball Starts Season Strong (Anonymous)
2015/8/30 14:42 - Re: City hits $2.4 million snag in Valley Ridge extension... (fvaughan)
2015/8/30 14:39 - Re: City hits $2.4 million snag in Valley Ridge extension... (TJGilmore)
2015/8/30 14:12 - Re: City hits $2.4 million snag in Valley Ridge extension... (fvaughan)
2015/8/29 12:53 - Re: City hits $2.4 million snag in Valley Ridge extension... (Anonymous)
2015/8/28 10:20 - Re: Lake Dallas coach arrested for sex with student (Anonymous)
2015/8/28 10:15 - Re: Police ID suspect in July murder (Anonymous)
2015/8/28 10:11 - Re: Farmers football falls short against Rowlett (Anonymous)
2015/8/27 14:23 - This is so sad (Anonymous)
2015/8/26 7:49 - Re: Lake Dallas coach arrested for sex with student (Anonymous)
2015/8/23 18:35 - Re: Lewisville Kroger store to close after 28 years (Anonymous)
2015/8/22 9:12 - Re: Lewisville Kroger store to close after 28 years (Anonymous)
2015/8/20 23:41 - Re: Lewisville Kroger store to close after 28 years (Anonymous)
2015/8/20 20:16 - Re: Motorists Reminded to Be Careful as Kids Head Back-to... (Anonymous)
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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