The KGB Oracle Forums General Public Discussion (SPECIAL ACCESS) KGB Political Debate Central 2016

Yes, cuts to defense and social programs are necessary, but problem is PRIMARILY tax revenue. Nobody paying any taxes, rich are getting away with single-digit tax rates and 50% of the country does not pay federal income tax because generations of politicians bribed taxpayers by slashing taxes. These low taxes are unsustainable . Money has to come from somewhere, currently its from Fed running printing press 24/7, but that is also unsustainable in the long run.

Hell, I would consider punching myself in the nuts for four more years than to have Obama again.

So Jet, you think by taxing and spending more that somehow the debt will be reduced? This isn't the Clinton era, The debt is at $16 trillion and growing, you don't think at some point that crushing debt will come falling down? Where is Obama reducing it? The CBO has clearly stated that debt will be over $22 trillion by 2022. How is that reducing it? Obama won't have any money to give out if we are bankrupt.

I agree we need a new tax structure like a flat tax or something similar. Hell anything other than the current system would probably be a positive. But to keep adding more to the current system is a fucking joke. Besides when is the last time taxes were raised and the Government made cuts in order to curb the debt? N E V E R... is the answer you're looking for. Obama raising taxes is going to do the same thing, they will simply take that extra cash and spend it on something ridiculous like only Government seems to do.

So, lets get rid of the Bush era tax cuts, stop getting in Wars we don't need to be in, grow the economy, increase the tax base, cut defense, etc.

I totally agree that Tax reform is required! Not another round of unpaid tax cuts that just increase the deficit. Romney's plan is CRAZY and undefined.

Flat Tax FTW!