12/15/2012 7:30:00 AM Almost past the point of no return
To the editor:
Our country is more than $16 trillion in debt, and borrows more than $1 trillion to pay for spending we cannot afford.
The president's solution to the problem is tax more, although even using crazy math we can't tax our way to balanced budgets. Until we start talking about a truly balanced approach - one that first makes sizeable cuts to government spending, and then focuses on how to raise more revenue - our country is doomed to follow the likes of Greece and Spain past the point of no return.
Taxing more, to spend more isn't the solution to our problems, no matter how often the president repeats that phrase on TV. I hope the Republicans in the House, like our own Sean Duffy, stand strong on their beliefs.
Michael Cady, Arbor Vitae
Posted: Sunday, January 13, 2013
Article comment by:
If you've paid attention at all to the president's plan, you know that the people who will pay higher taxes are the ones who've gotten more from this country than the rest of us. If you are one of those people who make more than $250,000 a year and feel you shouldn't have to pay more then you are truly greedy.
You've received more from this country than 90 percent of the rest of us. If you are not one of those people, then why do you feel the rich shouldn't pay as much as the rest of us? They pay, on average, only about 14 percent of their yearly income.
Also, I'm sure the "spending" you're complaining about is for welfare, Social Security and other programs that benefit the poor and middle class. Why not take a shot at defense spending? We spend more on our military than the next 13 countries combined.
Are we still a caring country? Are we willing to give a hand to our neighbor who just lost a job? Or are we going to complain about it? That's the real question.
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