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In reply to the discussion: Should the Bush tax cuts be allowed to expire? [View all]cthulu2016
(10,960 posts)Despite your attempt to turn this into a simplistic loaded negative sound-byte, with "...So you're for increasing the deficit by continuing tax cuts for the rich?" the answer remains yes, if the choices are as I described them.
If I were in Congress and had before me a tax surcharge on the rich to be applied to the deficit, as opposed to new spending, I would vote against it out of necessity.
And so would anyone else who understands the first freaking thing about economics.
If I were a congressman, however, and there was a tax surcharge on the rich on the table I would fight very hard to have that surcharge devoted to some productive purpose. Infrastructure spending would be appropriate, for instance.
Reducing the deficit is not, in 2012, a productive purpose.
What benefit do you think there is in reducing the deficit in today's reality? You seem to assume a benefit. What is it?
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