tag:blogger.com,1999:blog-4616542941395272083.post3368634465263757050..comments2023-05-23T04:21:47.246-07:00Comments on morning coffee: NYT, WSJJim G.http://www.blogger.com/profile/00142119429985458217noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4616542941395272083.post-25258430292020077782013-03-03T06:23:26.027-08:002013-03-03T06:23:26.027-08:00For the record, tax levels are NOWHERE NEAR what t...For the record, tax levels are NOWHERE NEAR what they were under Clinton. If we had simply put his tax structure back in place, we would have reduced the deficit $5.5 trillion over ten years. As the economy is still sluggish, 90% of the Bush Tax Cuts were made permanent. Taxes rose on $600 billion over ten years on those with annual incomes over $400,000. <br /><br />So - we remain under-taxed if we are going to have Social Security and Medicare in any form.Baxterhttps://www.blogger.com/profile/16542863255802738652noreply@blogger.comtag:blogger.com,1999:blog-4616542941395272083.post-1523033766109838392013-03-03T05:17:37.160-08:002013-03-03T05:17:37.160-08:00Of course, I cited Mr. Clinton.
However our curre...Of course, I cited Mr. Clinton.<br /><br />However our current President raised taxes to previous levels, is blanching over a miniscule cut in spending and has not touched entitlement reform. His party has in fact removed raising the retirement age (which is what needs to be done) off the table.<br /><br />That of course is my point, that is course THE point, yet somehow the GOP gets faulted.Jim G.https://www.blogger.com/profile/00142119429985458217noreply@blogger.comtag:blogger.com,1999:blog-4616542941395272083.post-21100328443841235482013-03-02T20:57:22.973-08:002013-03-02T20:57:22.973-08:00Of course, Bill Clinton handled deficits effective...Of course, Bill Clinton handled deficits effectively with tax increases. Our problems are such that it will take tax hikes AND entitlement reform to balance to the books. To suggest otherwise reveals the GOP priority for tax cuts over balanced budgets. Baxterhttps://www.blogger.com/profile/16542863255802738652noreply@blogger.com