"We don't have a revenue problem in Washington, we have a spending problem in Washington," has been spouted incessantly by Representative John Boehner and Paul Ryan for the past few weeks as the budget has been discussed. Have they lost touch with the revenues being brought in across the country because of the lack of employment? Actually Representatives Boehner and Ryan, we have both. But then again, what can one expect with theTeaParty mentality running the right side of "The Hill" at present. The group that only is concerned with reductions in taxes, forgetting that this also will mean an increase in unemployment when government is forced to reduce to cover reductions in programs. Does that mean I'm for an increase in taxes? Nope, I think I pay enough.
I think that we've also seen the big reaction in the business climate to the "cuts". Businesses investing in offshoring, investing in bonuses for those at the top, retaining revenues and not investing in new people, services, capabilities. Figuring out how to pull revenues and profits offshore so as to pay less tax. Can we quickly figure out that government needs to live within their means and not overspend, but not under tax those that can afford it? And within reason of course.
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