Budget talks: This is getting nasty

Thank you Eugene Robinson

 

And he needed all the help he could get from the judges to retain his title.

 

I think part of market dip is due to many of the institutional traders going on vacation.They've have gotten out of equities so they don't have to worry about them while in Nantucket.

 

Funny thing is, when you take ideology out of it, the answer really is that simple.

 

Try on the Flat Rate Tax for size:

1) Spending cut to 2008 levels. (roughly $3 trillion)

2) Every single person in the U.S. (roughly 300 million) pays exactly the same amount in taxes = $10,000.

No deductions, no exemptions, no nothing.

What could be fairer?

 

True - the politics ruins it.

 

So I guess if you're married you pay double the amount listed.

 

I think he'd have each person pay their own tax. If you're too poor to pay that amount, he'd handle it the same way he'd handle child support payments.

 

Since getting my BA (yes, in journalism) I have always been poor. Worked in newspapers for several years and then I went back to school to become a teacher, graduating with a MA just as the financial meltdown of 2008 was happening and haven't found any full-time job since. I have paid taxes every single year.

 

Yeah, I've been a bit more fortunate on the job front. I've been laid off twice since 2008, but also have found work. I've never made more than 32K but sent money to the government every year since I've been out of college, except perhaps for the first.

At the same time, I was able to take advantage of unemployment. When that happened, the taxes I had paid didn't seem bad at all.

 

Glad you were able to get work after being laid off JS. I am moving to a new state (mine has unemployment higher than the national average) to jump start things. I've never turned down a full-time job offer. Just never got one since 07.