Sunday, June 26, 2011

Cut, Cap, and Balance

Okay, so our family is getting this from all directions (since we share so many of the same connections)- but I thought I might reach a couple more people that might not have seen this yet. Take a look at this website- then join the support.


WhiteEyebrows said...

So, there's only one thing I don't "get" or I guess agree with on there... and that's the super-majority for raising taxes. Would it also take a super-majority to cut taxes, only to be fair? And would this be after all those "temporary" tax cuts (that have been in place for 10 years) have expired?

I know it's not the most popular opinion, but I think we might have to also raise taxes to deal with all the shortfalls. Not sure we can get there with just capping and cutting.

Ron said...

When you've maxed out your credit cards adding yet another one is the absolutely worst thing to do. We know this from personal experience. History shows that raising taxes reduces revenue. Cutting taxes increases revenue. A balanced budget ammendment without requiring a supermajority in order to raise taxes would be a disaster!