

President Obama with a Chevrolet Volt

Rep. Mike Kelly (R-PA)  (Source:














Sources: The Detroit News, The Detroit News

Comments     Threshold


RE: A Republican in the House
By idiot77 on 12/1/2011 11:41:07 AM , Rating: -1
No, they won't. It was hard enough to get Republicans to keep the current tax rates for working people, and even then the House R's aren't on board. Yet, they're willing to go to the mat to lower the riches' tax rates. And someone I know the R's that come here will be all over me despite the fact not a single one of them will benefit from the nonsense the R's are pulling with tax policy.

RE: A Republican in the House
By Ringold on 12/2/2011 11:30:20 AM , Rating: 2
Your mentality leads to Greece. Tax rates could go to 100% for people making over 250k a year and it likely wouldn't close the deficit this fiscal year. Thats assuming they stayed, which real world experience shows that the rich can be footloose, so we'd never get that 100%. Not to mention the open question of how an economy can invest to create jobs without people with money.

The sooner we accept the "working people" are either receiving too much government support and/or aren't paying in enough, the more likely the US is to avoid the fate of so much of Europe.

RE: A Republican in the House
By YashBudini on 12/2/2011 11:55:56 AM , Rating: 2
Greece is in trouble because tax evasion spread from the rich to the middle class. Many rules being forced upon Greece in their agreements deal with proper tax collection. The national sales tax created a huge underground economy.

It's true government workers used to have many benefits, but their civil service pay structure is much like what the US had decades ago, lots of benefits and puny salaries.

Greece is also overwhelmed with illegal aliens, Albanians cross the border just like Mexicans, and the crime that comes with them (not "it" R77). Jobs are also outsourced to Eastern Europe. Now factor in a small revenue base, total the size of a large city, along with military spending and other national needs, and what outcome would one expect? Oh, did we miss the fact that the national economy was heavily dependent on tourism? And how's tourism been since Wall St collapsed the global economy?

