Mama Bin Cranky

Screaming on the Inside

Deficit Commission Solution will be Taxes, Taxes, Taxes

Posted by madjillmom on July 28, 2010

The Deficit Commission solution will be heavily tilted toward new taxes. You cannot see a Dem speaking today a stong mention of how Republicans will have to step up to the plate if they are so concerned about deficits. This is the trap. Dems can only see one remedy for deficits, more taxes.

I predict a VAT tax in the top three solutions trotted out. The Commission will put out a report in early December, and the proposal will have to be voted up or down by the end of January by a lame duck congress.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: