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View Diary: Beyond Palpable (267 comments)

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  •  The deficit is a problem (1+ / 0-)
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    sandblaster

    as we're all paying for it.

    But taking cash out of the hands of those who immediately pump it back into the economy, the poor and the middle class, is just plain insane.  That's a sure fire way to wreck the economy.

    The only governments that are serious about tackling the deficits are the ones who are willing to start seriously raising taxes on the wealthy, especially the very wealthy.  And so far I see zero major industrial nations willing to take that step.  Everyone just seems to be beating around the bush right now.

    The first govt. of a major industrial player willing to considerably raise taxes on the very wealthy will earn my deepest respect.

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