Monday, 19 September 2011
The plan to cut the Unites States debt by $3 trillion dollars
Most people are tuned into the news about the United States debt. President Obama has a plan to cut the debt by $3 trillion dollars. In my opinion is that, the wealthiest people are the ones that can save us the most. The reason why is because, the question you must ask is how did these people become as rich as they are now. My answer to my question is that the general public are the ones that are responsible for these people riches. If it wasnt for us, how would they be as successful now, as they are now. The upper class men and women should help us get out of the debt, by taking responsibility by paying higher taxes. "Those who have done well -- including me -- should pay our fair share in taxes to the country that made our success possible", says President Obama. Some people are saying that president Obama is trying to score points, by raising the taxes on job creators because he could get some liberal voter's votes. The Republican National Committee Chairman Reince Priebus, says that this will only make Americans lose more jobs. The reason why is because the tax payers might not want to pay higher taxes if they want to keep the people's wages the same. This is not the only strategy that president Obama has. Some of the money could be gained back when we cut back some of the money that we have given to the war in Iraq and Afghanistan by $1.1 trillion. Once we get this money back we can move forward and start to gain money. However, none of these plans have been completed and reveiwed till it is clear to the public. Time will tell if we ever will get this money back or our debt will keep increasing.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment