The current debt talks may be making the same error. I do know I heard the President state, he disagreed with the military budget cuts of the Bowles-Simpson Commission.
That is not an option and I find it astounding as to how a President can be sucked up into believing the military cannot do more with less.
The Simpson-Bowles Commission recommendations were never meant to be used as individual measures, they were to be used as a harmony of changes in regulations.
Paul Ryan self-righteously decided he could move the tax base to 23% as if nothing else needed to be touched except of course the entitlements of which he would like to gut if he could. The fact of the matter is the only way Simpson-Bowles can be implemented is to apply all the changes at once. The President is making a gross error if he believes he can gut mortgage deductions on the income tax schedule without bringing down their tax rates at the very same time.
It might be possible to allow the Simpson-Bowles Commission recommendations to be phased in so long as the gross tax any 'socio-economic' group pays is receiving the benefits of the commission recommendations as well as the exclusion of deductions. If the Republicans want to allow the wealthiest in the nation to continue to play games with the tax codes I suggest they should. Absolutely. Let's show them to the American people for what they are. But, if the President wants to eliminate tax deductions for the Middle Class and Poor then he needs to also restructure their tax burden at the same time so their disposable income does not change. It can be done and it should be done and the Middle Class will carry the importance of being patriotic and doing their best to stem the debt crisis. At no point in time should the tax deductions for any one tax class be allowed to proceed without lowering their tax burden on the schedule.
