Wiezzen said:
Anyways main problem for me is the debt! Fix it some how! Tax rich people(and tax them more if they find loop holes), lower spending, tax middle class more (but tax rich too along with this or i will be mad)
Why should the middle class be taxes more in return for higher taxes for the rich? Besides, Obama isn't raising the taxes on the upper class any higher than what they were before the pointless and ineffective tax cut that Bush gave them in hopes of encouraging spending.
How do we increase spending? LOL LOWER TAXES FOR THOSE WITH EXPENDABLE INCOME
It would have been more effective to cut the taxes of the lower taxes for the middle and lower classes while keeping the upper bracket at the same percentage. His planned basically relied on trickle-down economics, which is pure bullshit in itself. The reason why the rich get taxed more is because they make more money and taxes aren't as devastating to them as they are to those in the lower brackets. As of today, any income above $171K get taxes a third of their income, and even with other costs, they still have more money kept in the end than most people in the middle class make all year before taxation. They maybe out more than a third of their income, but they still have more than $90K to keep at the end, which is something that more than 95% of Americans can only dream of. They can afford more taxes, and everyone else cannot. There's a reason why higher income brackets get taxed more.
All you want is for the rich to be taxed more and still living comfortably and have the lower classes taxed more which will make their financial lives even more hellish than it already is now. We are
always going to have a debt and trying to reduce it with such a haphazard method will only bite us in the ass since it will inevitably lead to less spending (or to spending with money we don't have and cannot repay).