The Disconnect: "We don't believe lack of revenue is part of the problem..."

[sixmile]

Courtesy of the money-worshipping right - Mitch McConnell in particular.

Here's today's idiotic claim from the Kentucky turtle: "We don't believe lack of revenue is part of the problem, so we will not be discussing rate of taxes,"

You're wrong. Taxes are going up, Mitch. Too bad.

Here's what phony Eric Cantor had to contribute: "We don't believe that raising taxes is the answer here."

You're wrong. Raising taxes IS the answer. Step back, phony.

http://www.huffingtonpost.com/2011/04/13/gop-taxes-reduce-deficit_n_848687.html

[Angry Dragon]

1. When you are an idiot facts don't matter and

they are just protecting themselves because they hate this country
and are un-American......... these are the people bachmann was talking
about in 2008

[EC]

2. Republicans are halfers...

Revenue/Outlay - Supply/Demand

Repubs believe to balance a budget, you just concentrate on the Outlay (spending)side, not the revenue. To create jobs they believe in Supply side economics and Demand has nothing to do with it.


So does that make them always half wrong or all wrong?


To solve the problems both sides have to be worked on.

[IndyPragmatist]

3. we need to cut some but also increase revenue...

Anyone trying to claim that cutting spending will fix the deficit is clueless. We need to increase revenue by increasing taxes across the board.

[kentuck]

4. The debt went from $1 billion when Carter left office...

to today's $14 trillion dollars.

That is coincidentally the same time supply-side economics was adopted by the Republicans as their economic theory.

There is no more evidence needed. We did not have $13 trillion in new social programs for the people that caused this huge debt. The only missing factor in the equation was the amount of revenue that was collected by the Treasury. (Spending - X = debt) X = revenue.

[Southerner]

5. Looking at the Figures...

..and realizing income tax is only one of the kinds of taxes collected.

Total Income Tax Revenue Collected:
1980: $249 billion
2010: $1,032 billion
About a four-fold increase.

Total Government Spending:
1980: $590 billion
2010: $3,456 billion
Nearly a six-fold increase.

Sources:
http://www.taxfoundation.org/news/show/250.html
http://www.usgovernmentspending.com/year2009_0.html#usgs302