Saturday, February 12, 2011

Your Thoughts on Tax Cuts

What are your thoughts on California tax cuts? I'm curious to know your thoughts on the past but also solutions for the future.

Some would claim Bush reduced taxes for the poor and the rich......

Some would claim Obama is doing neither (or perhaps just increasing subsidies for the rich.)

We're in cost cutting mode, and perhaps increasing revenue generation (increasing taxes).

Who should get what?

Do we need to go back to the good old days pre-1970s when the rich were still rich but taxed heavily? would that help bridge the gap of economic disparity?

Or should we opt for less tax, more subsidies, and more debt? Heck, the possibilities are endless!

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