Politics & Current Events
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Study: Obama's health care law would raise deficit
And so I say to you, you are Peter, and upon this Rock I will build my Church, and the gates of Hell shall not prevail against it.
Re: Study: Obama's health care law would raise deficit
That wouldn't bother me if I were an American, though I'd rather just pay higher taxes and avoid a deficit.
Above Us Only Sky
A poll that came out yesterday in Canada (albeit from a left-leaning firm) showed that most Canadians would support higher taxes to pay for things like health care, education, etc. Especially if the taxes came from adding brackets at 250,000K and 500K (which we don't have and I wish we did). Although, even the 'Conservative' voters supported some of those measures.
http://www.thestar.com/news/canada/politics/article/1158746--poll-challenges-view-that-canadians-oppose-higher-taxes?bn=1
I find it quite timely with the article that 2V just posted. I'm sure many Americans feel the same way as people here do.
Wouldn't doing nothing except decreasing taxes also increase the deficit?
Neither party wants to do anything about the deficit. Dems want to tax more and spend more, Republicans want to tax less and spend less (although they never say where they will cut, so I'm pretty sure that will turn into massive tax cuts and small spending cuts, like for the NEA and other tiny budget items that will make no difference to the deficit).
You know what will help decrease the deficit? Letting the Bush tax cuts expire. YOu know what would help even more? Taxing capital gains like income, so hedge fund managers in NYC pay normal rates for taxes.
Neither is ever going to happen. The fact that Obamacare raises deficits gets a big fat
from me.