It's not about how many jobs those increased revenue dollars will create; it's about putting together a package to eliminate the yearly budget deficit, thus reducing our national debt over time. A result of tending to our fiscal business is that the business community will have increased confidence and will start hiring and spending again and, most importantly, move their capital off the sidelines. In an open letter to congress before the election 80 CEO's from the countries largest corporations signed onto a plan that involves increased revenue as well as spending cuts and went on to say that they are poised to start hiring again as long as they have confidence that the government isn't going to drive the whole thing off a cliff. The obvious result of heightened business investment is a growing economy, which will also help.
The govt. has enough revenue. If they can't operate with their current budget we are F'd anyway. It's irrelevant if it doesn't "break the bank" for some people. It's their money. The govt. is not robin hood and they don't create morality. Rates should be low. In fact they should be lower. Having low rates has nothing to do with laissez faire capitalism.
As apposed to the Democrat plan that was released when? Obama is in his 2nd term and what plan has passed?
I think it is exactly about jobs. You people keep talking about "Clinton Rates". Clinton didn't have 8% unemployment. The premise that these extra tax dollars will go towards the deficit is laughable. That is why raising taxes will not do a damned thing. The culture in Washington will not change and has not changed with Obama. More of the same.
Irrelevant. Obama's plan is the one he ran on and it has details, the GOP plan demands cuts to entitlements but does not say what, where, or how much.
