BOHICA - QE3 is on!

[Rucker61]

It's about time EVERYONE started paying their "fair share". That they don't is a major root of the problem. Half the population with their hands out, paying nothing in. Easy votes to buy, just keep promising them more, and tell them the rich will pay for it.

To presume that the 48% of the citizenry have their hands out is hyberbole f not plain dishonesty. A substantial portion of those people have jobs, but make too little to owe federal income tax. They still pay plenty of other taxes, especially consumption taxes. They follow the same tax code that (presumably) you do. I know I don't want to lose the mortgage deduction, do you?

[Sharpienads]

To presume that the 48% of the citizenry have their hands out is hyberbole f not plain dishonesty. A substantial portion of those people have jobs, but make too little to owe federal income tax. They still pay plenty of other taxes, especially consumption taxes. They follow the same tax code that (presumably) you do. I know I don't want to lose the mortgage deduction, do you?

Whether they have their hands out or not is irrelevant. The fact is almost half of the population pays no federal income tax, yet still gets to have a say in what should happen with my money. And even if they do pay other forms of taxes, at least some of them make more in federal returns than they pay out in all the other taxes combined. The tax code is a cluster fuck. Big time.

Here's a fun fact: If the federal government cut it's budget in half (which could easily be done), we wouldn't have to pay individual income taxes and the budget would be balanced.

[FastMan]

To presume that the 48% of the citizenry have their hands out is hyberbole f not plain dishonesty. A substantial portion of those people have jobs, but make too little to owe federal income tax. They still pay plenty of other taxes, especially consumption taxes. They follow the same tax code that (presumably) you do. I know I don't want to lose the mortgage deduction, do you?

Our federal government is slated to spend 3.8 trillion dollars in 2012, about 12,000 on average on every person in the country. Half the populace pays not a single cent for all the beneficial things that money brings to them. No hyperbole there, nothing dishonest, it's just cut and dry facts.

There's a reason Obama has mushroomed the number of people on food stamps (1 in 6 americans now) and other federal subsidy programs. It locks more people into dependency on the government. The more he can lock into dependency, them more votes he can buy via borrowed money from China.

Everyone needs to be paying something. They need to feel like stakeholders, like contributors. It invests them into the future well being of the country. I'm for implementing a national value added tax, coupled with a balanced budget amendment. Any deficit would be resolved by an increase in the value added rate. Now that, would get people interested in putting a stop to the deficit spending that is on the verge of crippling us.