Right-wing fantasy. Dude, the US already has absurdly, dangerously low tax rates - they can't go any lower without complete collapse and chaos.
We have a spending problem, not a taxation problem. We need to cut spending, not hike taxes.
That's just nonsense, Politico - spending is insignificant, both in historical terms and compared to other countries. It is a historical fact that tax rates used to be 90%, and the economy was much better then. Your right-wing fantasy is completely belied by the record.
About the only people who really want taxes to go up are those who pay little or no taxes.
Current tax rates are roughly a happy medium between the lowest point of the '80s and the highest point of the '90s. The problem has been too much deficit spending on wasteful endeavors for too long. The responsible parties: Both Democrats of 2007-present and Republicans of 2001-2006. The deficit and debt load need to be tackled and will be tackled under the Romney Administration with significant spending cuts and WITHOUT TAX INCREASES.
Then how is he going to pay for his war with Iran?
The Iranians will be so grateful they'll pay us back.
