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2011-09-27 Home Front: Culture Wars

Tea Party Group Casts National Debt as a Household Budget

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Posted by DarthVader 2011-09-27 11:39|| || Front Page|| [11129 views ] Top

#1 You need business growth, which we wouldn't have in a regulatory environment. More utter nonsense. But despair is a sin.

Posted by Anguper Hupomosing9418 2011-09-27 11:46|| 2011-09-27 11:46|| Front Page Top

#2 This method of analysis is brilliant in its ability to get the message across to the average person that the current fiscal path is simply unsustainable and is a sure path to utter disaster and doom for the country. Hopefully this will wake some people up. We need to drastically cut spending, regulation, and taxes across the board. The only way out of this hole is to grow our way out of it. There is no other choice.

Posted by eltoroverde 2011-09-27 12:22|| 2011-09-27 12:22|| Front Page Top

#3 #2 The only way out of this hole is to grow our way out of it.

First, we need to stop digging the hole.

Posted by JohnQC 2011-09-27 12:33|| 2011-09-27 12:33|| Front Page Top

#4 JohnQC- yes, that is absolutely correct. We need to slash government spending, regulation, and taxes across the board.

Posted by eltoroverde 2011-09-27 13:37|| 2011-09-27 13:37|| Front Page Top

#5 Yeah, right. Noticed Herman Cain. Was getting a lot of support here from the "right". You know, the Republican candidate that wants to institute a new tax, THE national sales tax. Something the Dems have been wanting (VAT Tax) and who will exploit it if Cain does establish a national sales tax. Wow, how lost in the woods the right is.

Posted by wr 2011-09-27 14:33|| 2011-09-27 14:33|| Front Page Top

#6 read 9-9-9 poster #5. It's a plan, a simple common sense way for the bloated government to collect its taxes. Hell of alot better than the tax code we have now, unless you are one of the 48% that don't pay income taxes.

Posted by bman 2011-09-27 15:55|| 2011-09-27 15:55|| Front Page Top

#7 The Dems WILL covert the Income Tax back to what it is today AND keep the National Sales Tax. Congratulations, "Tea Party".

Posted by wr 2011-09-27 16:22|| 2011-09-27 16:22|| Front Page Top

#8 Consumption taxes promote the use of money for savings and investment and capital formation, in the absence of capital gains taxes and confiscatory income tax rates and excise taxes. This is better than instead of wrongly diverting money into favored government areas like tax shelters and loopholes. Everyone pays the tax when they buy something, even scum like drug dealers, pimps, and Warren Buffett. However it must be restricted carefully or you end up with the VAT nightmare.

Posted by The Other Beldar 2011-09-27 16:24|| 2011-09-27 16:24|| Front Page Top

#9 VAT Is the worst type of tax on incomes.

Posted by Bright Pebbles 2011-09-27 17:01|| 2011-09-27 17:01|| Front Page Top

#10 in the absence of capital gains taxes and confiscatory income tax rates and excise taxes AS IF those will ever go away, chances are between extremely slim and none.

Posted by Anguper Hupomosing9418 2011-09-27 17:11|| 2011-09-27 17:11|| Front Page Top

#11 You will not be taxed in your new FEMA region sancuary. There will be no coinage or script, no hoarding or thought for the morrow. All will share equally of the provisions therein.

Posted by Besoeker 2011-09-27 17:20|| 2011-09-27 17:20|| Front Page Top

#12 The Tea Party illustrated this well. We produced a similar short piece on what our budget deficit looks like compared to a monthly household budget. Either way, the numbers are astounding. More on my blog at http://www.jasongriffin.net/blog/2011/9/27/tea-party-group-shows-national-debt-as-household-budget.html

Posted by Jason Griffin 2011-09-27 21:15|| http://www.jasongriffin.net 2011-09-27 21:15|| Front Page Top

#13 I don't know much about Herman Cain yet but I'm getting interested.

Posted by European Conservative 2011-09-27 22:53|| 2011-09-27 22:53|| Front Page Top