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View Diary: Alan Simpson, Erskine Bowles come to Super Congress (99 comments)

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  •  None of these disingenuous committee and (16+ / 0-)

    comission types want to pay for the Bush/Cheney wars.  Perhaps we should send the bill to Bush, Cheney, et. al.

    Geezers, that ugly war you fought in Viet Nam, well, you get to pay for more of them even though most of you were too old to suit up and show up for the ones that should not have been started in the first place.  If you liked Afghanistan, you probably didn't like it when it became a decade long and they say it will take another decade to "win it."

    TAX all Wall Street transactions.  Do it now.  Simpler than 999.

    •  WAY Simpler than 999! (7+ / 0-)

      Reinstate 90% Federal tax rate for ALL income (especially Capitol Gains) over $1,000,000.00 per anum.

      Charge a 50% transaction fee on ALL speculative investments.

      Reinstate the Glass-Steigel Act.

      If you're too big to fail, you're too big to exist...prosecute the big banks (the only ones left) under the same anti-trust legislation that's been on the books since FDR (in some cases earlier) and break them into smaller more accountable entities with less power over the global economy.

      Stop pissing away Trillions of dollars maintaining a failing military juggernaut (read as: Empire) with a presence in 80% of the World.

      I could go on and on and on. There are so many better solutions than what we are being spoon fed by these damned plutocrats and their lackeys that I could expound on the subject for days on end!

      "This is where some of my dreams become realities. And where some of my realities become dreams." -Willie Wonka

      by green917 on Tue Nov 01, 2011 at 09:31:54 AM PDT

      [ Parent ]

      •  Herman's PLAN 9-9-9 FROM OUTER SPACE (0+ / 0-)

        With goodfellas...er...good will hunt..er...godlovahs..er...what the hell is that nasty pizza he used to sell?

        A left-of-center blow-harded member of the goose-stepping blog-stapo since 2004.

        by floundericiousMI on Tue Nov 01, 2011 at 11:56:34 AM PDT

        [ Parent ]

      •  90 % is exorbitant (0+ / 0-)

        I can't go along with that.
        Back in my Republican days, around 1961, one of my talking points was that the top rate was 91 %. I would be told that virtually no one paid that rate, because there were countless exemptions available. Not a very transparent tax code.

        Censorship is rogue government.

        by scott5js on Tue Nov 01, 2011 at 12:41:56 PM PDT

        [ Parent ]

        •  That's partially my point (0+ / 0-)

          Even at 90%, none of these individuals will pay more than 75% of that upper income because of those exemptions and write offs that they get. And, as far as their first $999,999.00 is concerned, they get that taxed at a lower rate also...it's not like they wont still be rich (just like they were still rich in the '60s).

          "This is where some of my dreams become realities. And where some of my realities become dreams." -Willie Wonka

          by green917 on Mon Nov 07, 2011 at 11:38:24 AM PST

          [ Parent ]

    •  The problem I have with taxing Wall St (4+ / 0-)

      transactions is a belief that many of those transactions first need to be abolished, like derivatives and credit default swaps.  The financial oligarchy rakes in billions from nonsense gambling that doesn't add value for the people of this country, it simply makes the rich more rich.  Taxing that gambling would bring in alot of revenue but wouldn't necessarily stop the financial oligarchy from continuing to steal money.  I agree with taxing the rich all we can, but I also think we should stop some of the ways they're piling up the cash.

    •  Any talk of what Congress will sacrifice? (1+ / 0-)
      Recommended by:
      judyms9

      Has there been any discussion of cutting the pay of members of Congress or their staffers?  

      Of reducing their own retirement packages or benefits?

      Of making them pay more for their own government-provided healthcare?  (Using their own reduce-Medicare logic:  If they have more "skin in the game" they won't go to the doctor as often.  And remember ... to them that is a good thing, because it will cost the government less.)

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