Quote:
Originally Posted by Bavarian
People living in The Villages are very close and many are in the so-called 1%. Who else can afford the high prices of the new built houses that are pushing $1Mil?
The debt is high because BHO wants to destroy the US economy and build a Socialist Utopia on the ashes. He made ObamaCare, does not do anything to trim Medicare costs, but he raided the Medicare fund to pay for Obamacare.
A vibrant economy like we had before would generate enough revenue at a lower percentage, but a bigger tax base. Reagan did it.
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I am very interested in your comment. As you seem very familiar with the features of ObamaCare, tell me about the raiding of the Medicare fund? You are saying that this law takes money away from "the Medicare fund"? And you are clear that nothing in ObamaCare is aimed at trimming the cost of the Medicare program?
I tried looking up the tax rates under the Reagan administration so I could compare them to those we have now, both on businesses and individuals, and as a percentage of GNP but I just couldn't find the right ones as everything I found showed that that tax rates were higher under Reagan than under Obama and that the largest tax increase in peacetime in US history was signed by Reagan, as well as the largest decrease in tax rates for the highest earners. Please help me out with some specifics. Of course with a Socialist Muslim, Kenyan in the White House, we don't really need specifics beyond those epithets to know we need to get him out.