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10-17-2008, 04:05 PM #11
Senior Member
mccain obama debate #3
The simple fact is that SOMEBODY is going to have to pay these taxes. We have a $10 trillion debt, and budgets keep growing. At this point, higher taxes is not as great a threat to our well-being as the huge debt. The Repubican ideology has shifted away from the idea of true fiscal responsibility to emphasize only the low taxes side of the equation. If you are going to keep taxes low, you also need to keep spending low, and you also need to have low debt. The governemnt has shown itself incapable of keeping spending low, and the debt is already high, so we will need tax money to pay for those two things.
This is why I actually think that Democrats are really more fiscally conservative than Republicans. The Democrats are honest about the idea that if we really want to have government spend money on the priorities that Democrats represent, then it will require tax money -- Democrats pay for the things they buy. Republicans are not honest about that. Republicans cut taxes while simultaneously increasing spending and just pile on the debt. Now we are getting to the point where that accumulated debt is a real threat to our prosperity --- it is definitiely a far greater threat to our prosperity than raising taxes on people making more than $250,000 a year.
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