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post by
Burnsy
at 2010-11-19 14:31:41
brian_dc said
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]
It's strange. I know some Europeans or something. In general, over there most people accept that taxes are high in order to pay off debt and to pay for the services they receive. The fact that a politician can't get elected if they raise taxes has made it so. It's too far gone now. You can't just hike them up, you need to have a lengthy plan to get the taxes to a more legitimate level. As this happens, prices for consumers will need to follow in the inverse direction.
But, raising taxes needs to happen. I don't understand where else the money is supposed to come from. Maybe that's my own ignorance, but I'm not betting on it.
With the rampant and exorbitant spending from both parties, taxes can only increase. Your analysis is accurate.
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