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Post by aztec70 on Jul 5, 2010 14:02:25 GMT -8
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Post by aztecwin on Jul 5, 2010 17:40:05 GMT -8
Very interesting indeed! The current problem is so complex that it is hard to think that either solution would accomplish what they thought. I would like to see someone propose something that could be compared with your own situation. That being what would work in your personal set of accounts. Looking at the US government balance sheet and if we could create a meaningful "Source and Application of Funds" report for the country that would make sense to individuals, we might see which road or what compromise of those two positions would make sense. I happen to agree that the combination of spending cuts along with the regressive tax increases proposed would be the sounder of the two positions laid out. I found it profound and troubling that Congressman Ryan was getting so little traction with his bold plan at real tax reform. I watched the entire thing. Fareed's take did not seem like a reasonable approach if he listened and understood what both those fellows were saying and even what was not said, but implied. Thanks for offering that link.
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