Should we

[Feanorcurufinwe]

cut the child tax credit, the child care credit, rollback the 10% bracket, and reinstitute the marriage penalty in order to balance the budget, even though doing those things will not balance the budget?

[sangh0]

1. Dean says "Yes"!!!!

,

[Skinner]

2. I'm locking this thread.

When you start a thread in the General Discussion forum, you are expected to use a title that is relevant to the topic. This title doesn't provide any information at all.

Skinner
DU Admin

[PurpHaze69]

3. I'm a CPA

and I've seen people's tax return go up substantially over the past year. I included am benefiting from the marriage tax penalty being straightened out. But, do I believe that by rolling everything back to the way it was will fix the economy? No. I say leave the 10% tax bracket, because it benefits the working poor, but raise taxes on the rich, and increase the capital gain tax back to where it was. Instead of cashing out their big bucks and taking their profits from the stock market, thus, driving it down, the rich will leave their money in the market so they don't have to pay the gain on it, thus driving the market up. This in turn will encourage growth and more people will get hired and the unemployment rate will drop, and then the government will take in more taxes just on volume.