Tax Cuts & Fighting Tax Increases On The Rich Are No Longer Winning Political Issues
Posted By: rightwingnews      11/12/2012 3:57:42 PM
Right Wing News, by John Hawkins
Original Article

We have spent so much more than we have for so long that spending cuts alone probably will not be sufficient to eradicate our deficit, our debt, and fund our future entitlement programs. While we should certainly try to fix the problem just by cutting spending, it’s almost a certainty that we’re going to have to increase taxes at some point to prevent defaulting on our obligations. — John Hawkins, 5 Somewhat Unpleasant Assumptions I Make About Taxes, July 13, 2011