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  1. #1
    Join Date
    Apr 2012
    Posts
    1

    Default If 99%'s eliminate the deficit, would the1%'s agree to eliminate the debt ?

    Why wouldn't the Republicans propose an income tax surcharge on the top 1% that must only be used to reduce the debt , but would not start until the year after the budget was balanced, and would be terminated if a new budget deficit occurred in later years?
    Wouldn't the 1%'s possibly come out ahead if this resulted in a reduction
    in the devaluation of the dollar -- which would affect their entire wealth, not just their income ??

  2. #2
    Join Date
    Jul 2010
    Location
    Cape Cod, Massachussetts.
    Posts
    980

    Default

    Quote Originally Posted by SerenityNow View Post
    Why wouldn't the Republicans propose an income tax surcharge on the top 1% that must only be used to reduce the debt , but would not start until the year after the budget was balanced, and would be terminated if a new budget deficit occurred in later years?
    Wouldn't the 1%'s possibly come out ahead if this resulted in a reduction
    in the devaluation of the dollar -- which would affect their entire wealth, not just their income ??
    Why would any one group be obligated to elliminate that which they did not create? Yet, an argument could be made that the lowest 50 percent did create it, and pay nothing to eradicate it.


    I know it's hard...but we lost. Time for a new plan, and it doesn't mean going to guns with the preppers!

  3. #3
    Mister Sir

    Default

    I think the 1%'ers would simply prefer to eliminate the other 99 %...IMHO

  4. #4
    Join Date
    Nov 2004
    Location
    In your head, living rent free..Carpe canum
    Posts
    121,664

    Default

    Quote Originally Posted by Mister Sir View Post
    I think the 1%'ers would simply prefer to eliminate the other 99 %...IMHO
    This is about the most ignorant thing I've read yet on these boards.

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