Revenue is not a dirty word (click title to entry - thank you)
Mitt Romney appears to be tone deaf when it comes to addressing our nation’s debt and deficits. His only test for federal programs, including Social Security, Medicare and Medicaid, seems to be whether or not it’s worth borrowing money from China to pay for it.
I’d like to say this to Mitt and every other candidate for president — revenue is not a dirty word. After years of cutting spending so much that we’ve already hit the bone, it’s time to admit this is a revenue crisis and propose solutions that acknowledge as much.
One such proposal is the Wall Street Traders and Speculation Tax Act. This fraction of a tax on risky Wall Street trades (.03 percent) would raise roughly $40 billion to $50 billion a year in much needed revenue.
Sadly, I doubt Mitt would be willing to do such a thing to his friends on Wall Street.
Larry Ginter
Rhodes
Mr. Ginter and I agree, this is NOT a spending crisis, it is in fact a REVENUE CRISIS !
I’d like to say this to Mitt and every other candidate for president — revenue is not a dirty word. After years of cutting spending so much that we’ve already hit the bone, it’s time to admit this is a revenue crisis and propose solutions that acknowledge as much.
One such proposal is the Wall Street Traders and Speculation Tax Act. This fraction of a tax on risky Wall Street trades (.03 percent) would raise roughly $40 billion to $50 billion a year in much needed revenue.
Sadly, I doubt Mitt would be willing to do such a thing to his friends on Wall Street.
Larry Ginter
Rhodes
Mr. Ginter and I agree, this is NOT a spending crisis, it is in fact a REVENUE CRISIS !
