Originally Posted by BroncoInferno
Exactly. No one claims that increasing tax revenues will solve the problem on their own, but they certainly need to be part of the equation (frankly, the Bush tax cuts will need to be allowed to expire in their entirety once the recession is over). Dems have shown a willingness to give ground on spending cuts, but GOP refuses to give ground on letting the Bush tax cuts expire on the top two income brackets even though poll after poll shows 60+ percent support of that.
Well, the GOP is starting to give some ground. The ultraright-wingers here can't see the forest because of the trees. The center-right of the GOP will actually probably win what they want in terms of fiscal restraints and a comprehensive review and adjustment to the once-again bloated tax code that Reagan was so pissed off about.
Some don't remember, but the bloated tax code was one of the main things Reagan was pissed about - all the loopholes and complications. Reagan used to have a copy of it during his speeches, would slam it down next to the podium, the Fed taxcode printed on paper was like 3-ft thick.
The GOP can actually get a lot of what they want with the simple compromise of rolling back the cuts for the wealthy.