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Old 10-28-2011, 08:49 AM
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Originally Posted by Villages Kahuna View Post
Isn't that going to happen anyway? Am I wrong in thinking that the Bush tax cuts "sunset" sometime in 2012? They were supposed to sunset earlier this year, but Obama horse-traded for something else and agreed to extend them for two years.

If this is the case, why all the sturm and drang right now about increasing the taxes on the rich? It's going to happen anyway. In fact, the taxes on lots more than the rich will go up.
While your analysis and assessment is accurate and probable, it does not speak to the missing component. That component is the "redistribution of wealth to a "victim" class identified by the government. Why are revenues needed and who receives the dole? Who will the victims be?.... Unions?....the homeless?..... mortgage holders who are underwater?.... the unemployed?..... college students who don't want to pay off their loans? illegal immigrants who need medical coverage and free college tuition?.....oh yeah, there's that whole under funded Obamacare thing and let's not forget corporate welfare and bank bailouts for all those generous election donors. How about those billions for green companies like Solyndra. Who will be rewarded with the revenue windfall and who will not. What is the formula for who receives and who does not. Therein sir lies the rub.

I tacitly acknowledge that the government has the right to levy taxes. They are obligated to keep us safe through a strong military, they are obligated to preserve our liberty from those ideologies that would take them away. My liberal side will even concede that government should maintain infrastructure. My "sturm and drang" comes from those who want to change our way of life, diminish our liberty and disrupt our pursuit of happiness and freedom by perpetuating Marxist ideology, pure socialism and redistribution of wealth by big government run by pompous, self serving elites.

Whether taxes go up or down is a straw man argument and diversion from the real point. That point precisely is.... what will revenues be used for? That sir.....is the component your assessment dismisses and does not speak to.