Bill Bradley: Taxes need to go up on more than just the wealthy (user search)
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  Bill Bradley: Taxes need to go up on more than just the wealthy (search mode)
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Author Topic: Bill Bradley: Taxes need to go up on more than just the wealthy  (Read 1342 times)
Napoleon
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« on: July 09, 2012, 02:02:24 PM »

I agree with hopper, Beet and Nathan--and Bradley--too.  Eliminating the Bush tax cuts on only the top 2.5% of income earners will net the Treasury about $1.2 trillion over the next ten years, while eliminating them all all taxpayers will bring in approximately $3.9 trillion.  If we're serious about both reducing our debt and funding program obligations so important to the left, it's clearly best to let all the rates go back to Clinton era levels.  Bradley is just plain old fashioned correct.

These are the tough decisions that will have to be made whether we like it or not.
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