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Friday, November 23, 2012

The Fiscal Cliff, what should we do?

It's coming!  Not Christmas, or New Years.  Taxes and the Fiscal Cliff!  It seems that with the House of Representatives controlled by Republicans but the White House and the Senate by Democrats that we are headed for gridlock and disaster through sequestration and the expiration of the Bush tax cuts enacted a decade ago.

What should Conservatives do?  I think that Republicans and Conservatives should give in.  I do think, however, that we should fight for a higher limit on taxable income such as $500,000 or $750,000 rather than the $250,000 that the White House wants.

Why?  Elections, we are told, have consequences.  So let's permit the Democrats to have their own way with the economy.  Then THEY OWN IT.  If their ideas and efforts succeed, we are wrong and the county is better off.  Hurrah!  If it fails, then we can legitimately say "We told you so!"  (Not that the media or the Democrats will listen.  They will still find a way to blame Conservatives.)

But, we should insist on a few things ourselves.

  • a movie excise tax.  Since Obamacare placed a 2.3% excise tax on medical devises, we should insist that a similar tax be placed on movies.  and DVDs, and music, and video games.  It used to be a 20% excise tax.  2.3% doesn't seem so bad.
  • and sports  All of it
  • and a 75% tax on actors and sports figures who make over $1,000,000 a year.  After all, let them pay their fair share, since they don't do anything really important like the police, firefighters, nurses and teachers, right?  Or plumbers, and electricians, and everyone else who has real jobs.

Here are some more great tax the rich (friends of the Left) ideas:

Contact your conservative congress people with the message above and the link as well.

1 comment:

  1. It will be interesting to see how things play out over the next month.