Well, considering how huge our deficit and debt are, I think that's probably about right. We gotta start paying for what we're spending at some point. And before someone cries about it, I probably pay more in taxes than most. I will be just as impacted.
America needs to return to fiscal responsibility. That means balanced budgets and paying for wars and other expenditures with increased taxation. Yes, it will hurt. Arguing for "tax breaks" when we have a record deficit and a record debt is silly.
Jeffrey.
On Tue, Aug 12, 2008 at 4:22 PM, Hal Duston <hald@kc.rr.com> wrote:
The expiration of the tax cuts in 2010 will have an enormous impact on my
financial status. My federal tax due will _increase_ by approximately
$17 per day. That's more than my car payment.
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"He that would make his own liberty secure must guard even his enemy from oppression; for if he violates this duty he establishes a precedent that will reach to himself." -- Thomas Paine