Wow, a lot quoting going on. Also a lot of socialist talk from what I thought were level-headed piggs.
Here’s a thought. The Government collects nearly $3 Trillion in taxes each year, and yet they fail to make that profitable.
That’s pathetic, and raising taxes is a cop out of doing what needs to be done.
When a business becomes unprofitable it can’t simply raise costs arbitrarily without losing business. They have to cut costs.
How about a smaller, more efficient Government that can actually balance a budget WITHOUT raising taxes?
It doesn’t matter who ends up paying higher taxes, the NET effect will be negative: bigger Government, more welfare/socialism, more unemployment, less consumption, lower quality of life and so on.
It’s a self-destructive cycle that will only end with a smaller Government that can actually balance a budget.