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Grover Norquist and his ilk are radicals bent on destroying our representative republic.

I do not make this statement lightly, as I have learned over the years it takes all types working towards a common goal to make government work.  Having as part of the team, groups of individuals who believe in lower taxes is not all bad; they keep all in government honest.  They tend to be ferocious watch dogs of public expenditures and more importantly serve as a legitimate counter to the soak the rich tax crowd.

But having those who have taken a no tax pledge and who regardless of circumstances are refusing to change their minds.  Politicians would rather see our nation defaults on its debts, to shut down the federal government and then pretend there will no consequences to their action.  Of course the hundred thousand or so troops in Afghanistan and fifty or so thousand in Iraq probably aren’t going to be too happy they aren’t getting paid.  I also suspect that Grandma and Grandpa aren’t going to be happy about not getting their Social Security check.  The Veteran who gets a check each month for a disability ain’t going to be shouted Hallelujah for the no tax cause; nor, will the state and local government who fail to get reimbursed for money spent to comply with myriad of Federal Regulations.  It will not just be the Federal workers who aren’t getting paid, it will be Doctor Smith down the street, or Mr. Dirt who owns the construction company repair the Interstate.

No folks this ain’t going to be pretty and we may very well be witnessing the last act before the collapse of our nation.

4 thoughts on “Thoughts on the Debate over the Debt Ceiling

  1. Yes. I think it’s time for sane tax increases (anyone who doesn’t think so should look at this:

    At some point between the red lines and the blue lines, a country is not maintaining its infrastructure, from public universities through police, firemen and soldiers, to bridges and roads. From a European perspective, we’re a third-world country in the last category…

  2. Julian, you make a good point about our neglect of infrastructure whether it be roads, bridges, schools, etc. While I am not totally enthralled with have a tax rate say as high as Germany, I also believe that our is too low. I am increasingly becoming enamored with the notion of flat tax, but in order to make that work all tax deductions will have to be eliminated (that is the key).

    I have looked over my last six years of tax returns, both before and after I was married, and have estimated my average federal tax was 17.3% Based on that I believe that a flat tax of 17% or 18% would be the fairest with a caveat that is those whose income falls below a certain minimum would pay either a lower rate or would pay no income tax.

    The solution to our problem requires both sides Democrats and Republicans to search for solutions and not to hold hard and fast to ideologically driven positions that do nothing for the American people.

  3. Townie,

    The foundation for this discussion may be agreeing on the mathematics that give us the numbers first, and the numbers themselves second. With all of the demagogic chaff being blown into the air, what is true and accurate?

    The next step may be to decide what is sane: in closing the gap between the stated tax rate, and the effective tax rate, do we damage the productive class so much that they flee the US?

    Next definition: are we raising taxes, or eliminating deductions? At some point, we’ll have to gore everyone’s oxen.

    If I’m being overly pedantic, it’s because words have lost their meaning these days.

    • Concur we must run the numbers to determine what the correct % is before we can settle on that flat tax rate. I believe the only organization that unbiasedly and accurately determine the correct figure is the Government Accountability Office (GAO).

      If we eliminate deductions but lower the rate of taxation I would call it even; if you eliminate deductions and hold to the current rates it is a tax increase; if on the other hand you retain deductions but lower rates it is a windfall for the taxpayer.

      I concur that the business rates must be lowered, that is why I think one does not differentiate between individual and corporate rates. I seriously doubt but a handful are going to flee as most foreign countries have a much higher corporate rate than the United States.

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