The budget compromise thread
We are at a point in our history where compromise is the only thing that will save us. I thought a thread on this subject would be interesting. If you could, please list or comment on what you think are specific areas where you think your opposition needs to compromise in order to get a budget that will be acceptable to all. My list would go something like this:
Where the GOP should compromise:
Social Security tax income limit, currently only the first $66,000 of income is taxed. This limit was set decades ago. It is time to at least raise it to an inflation-adjusted rate. I would like to see it scrapped all together.
Social Security and Medicare means testing. The idea of sending Warren Buffet and Bill Gates an SSI check is ridiculous. At the very least, restrict it to those who spent most of the working lives making under $250k annually.
The so-called "Death Tax" is demogogued to death by the GOP. In reality, the Inheritance Tax only affects those who hold great wealth. It is time to restore it.
Tax reform viz a viz earned versus unearned income. It is unfair for a working man to pay a tax of 30% on income he earns by the sweat of his brow, while a rich man pays 10% on income he earns on his stocks and bonds while he sips margaritas by the pool. It is time for both rates to meet in the middle.
Feel free to post where the Dems need to compromise....
|