Does anyone really think $1 TRILLION in new taxes

[Fury]

Will actually do anything to fix the economy? I'm asking this to the people who have opened an economics textbook at some point in their life (i.e. not the Blackens or Straw Mans of this board).

[Soul Crusher]

If you are À far left loon and want to §pend us into oblivion, of course we need trillions in new taxces.   Obama knows how to run your life better than youdo. 

[Skip8282]

I've become convinced that some increase is going to have to happen in order to pass anything.  Both sides are too entrenched and there will have to be both cuts and an increase somewhere for a bill to get passed.

At this point, I think they may be better at focusing on trying to optimize the cuts and minimize the increases - and hopefully nothing new.

[GigantorX]

Any increase in taxes will be eaten up immediately by new spending.

And no, it won't help the economy. Gov't spending has a pretty low multiplier concerning economic growth, right down there with "services sector" and "financial sector".

[Soul Crusher]

Why should we, or anyone for that matter, give obama a .01 more to spend when his track record is so pitiful as it is? 


If obama wants more taxes - let the money go into a trustee account managed by a financial controller solely to be used for payment down on the debt?

[Soul Crusher]

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