November 14, 2012
Patrick Knudsen
Heritage Foundation economist Patrick Knudsen explains what Congress should do to solve the “fiscal cliff,” the massive tax hikes and defense spending cuts coming in January.
- Preclude the huge tax hike known as Taxmageddon;
- Prevent the reckless, automatic defense cuts, preferably by choosing alternative savings;
- Renounce any other tax increases;
- Resist the temptation to conjure further ad hoc budget schemes and grand bargains; and
- Return as soon as possible to the regular practice of congressional budgeting.
What ideas do you have?
sandra barron - November 14, 2012
My husband and I cannot understand why you don’t tax the rich. We live in a rich neighborhood. What happens to them if the country goes down the tubes??????
The Catholic Church tells us t o take care of the poor.
Make the illegals citizens and let them pay their taxes and pay into medicare. Close the border and send the criminals back to Mexico. We are very upset that because they are going to becitizens anyway. So why didn’t we do that?????