Quote:
Originally Posted by AGDee
He admits that he will raise taxes for those making more than $250,000. He also figures if we get out of Iraq, that's a heck of a lot of money that's not being spent. Cutting tax breaks for companies that outsource to other countries is another source of more income. However, I have said before and I will say again that my biggest concern about him is "How are we going to pay for it all?"
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Right. I don't think we can.
Even the cutting tax breaks for companies that outsource is potentially goofy seeing as that many companies can elect to basically relocate entirely. You don't really want to create a disincentive to be based in the US.
And I think it's going to be a long time before we can expect to see savings from being out of Iraq, and I may be pessimistic, but I don't think the money related to military and security is really the place to count on saving.