Hoyer: Raising taxes a realistic option for cutting $12 trillion debt
Tax increases may be necessary to rein in $12 trillion in federal debt, House Majority Leader Steny Hoyer (D-Md.) said Monday.
Read more: http://www.thehill.com/homenews/house/84271-hoyer-raising-taxes-a-reality-to-cutting-12-trillion-debt
Doesn't it make you just want to bang your head against a wall???? We're out of jobs, our dollar is worth less, people are working harder and making less, the so-called rich are hiding their money and moving to places where they can shelter their funds and Hoyer thinks raising taxes is a realistic option.
There's no blood in this turnip.
History has proven that the more you take from people, the less incentive they have to do more than the minimum to survive. They quit.
Of course, I guess for Washington elite, those who will be making the rules and living high off our dollars, what happens to the masses isn't important. Let us eat bread hmmmm????
2 years ago