tag:blogger.com,1999:blog-8617306305300109486.post6169165919399165394..comments2023-10-09T09:36:09.763-06:00Comments on The SchwabBlog: Anti-tax pols should look to the GreeksRobert Schwabhttp://www.blogger.com/profile/13791955037283426171noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8617306305300109486.post-47073885447225925302011-07-01T11:40:00.176-06:002011-07-01T11:40:00.176-06:00Thanks, John. No, not just raise taxes. Cut spendi...Thanks, John. No, not just raise taxes. Cut spending for sure, but in the places where it won't hurt the poor and middle class. Eliminate loop holes. Many corporations play the tax game so well they pay little to no taxes at all. I think we should be ready to pay for the privilege of operating a company in the largest and richest economy in the world. At least a minimum. That would bring us a long way toward curing the deficit. And if corporations want to pass it on to consumers, let the free market play its role. Let consumers buy the lowest-cost alternative. And let the corporations compete for the customer on the level playing field they all like to speak about even as the continue to try to tilt it to their advantage.<br /><br />Again, thanks for the comment.Robert Schwabhttps://www.blogger.com/profile/13791955037283426171noreply@blogger.comtag:blogger.com,1999:blog-8617306305300109486.post-9120648945549223102011-07-01T09:35:11.177-06:002011-07-01T09:35:11.177-06:00It is clear there are big, big problems. Good edit...It is clear there are big, big problems. Good editorial in the Denver Post outlines the bait and switch of the financial bailout shell game, and those who did real damage to our economy actually benefiting big time. http://www.denverpost.com/opinion/ci_18385719<br /><br />But George Bush has been out of office for some time now, seems counterproductive to keep blaming him for everything that's wrong with the world economy today.<br /><br />I brought yet another problem to my boss in a new job, and he'd finally had enough. "Come over here with me to the window," he said, and we both looked down on the busy sidewalks below. "I could bring almost any of those people in here, and they could show me the problems we have. I don't need to tell me what the problems are. What are the solutions? That's why I hired you."<br /><br />This crisis will bring about change. Someone will offer a solution. Things can, and I believe things will, get better.<br /><br />But not if we get stuck just looking at the past mistakes of George Bush, Bill Clinton, Ronald Reagan, Jimmy Carter and the other leaders who have led the way to this mess.<br /><br />The big question is, what do we do now? <br /><br />Just raise taxes? How high? And raising corporate taxes is especially tricky, because those taxes just result in higher prices, and the biggest impact is on those who can least affort to pay.John Scott Wrenhttps://www.blogger.com/profile/07529354102638920309noreply@blogger.com