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Ce 10

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  • 1. Current Event Ten Republican View of the Fiscal Cliff http://www.cnbc.com/id/100552755 ! Republicans lately have been arguing that the biggest mistake of the Democrats was not going over the fiscal cliff at the beginning of the year. They think that the “grand bargain” focusing on debt and budget issues would have been easier to accomplish this way. The constant loop holes in the tax system has people up in arms which is why many actually are considering Ryanʼs ridiculous tax plan. He closes loopholes but he also will provide huge tax breaks for the wealthy and do nothing for the poor. He also wants to lower corporal tax rates on top of personal tax rates. ! In order to avoid the fiscal cliff, tax rates were raised a long with getting other revenues to bring in money. Basically democrats think higher taxes will get us through and republicans think tax cuts and patching loopholes will get us through. I think that loopholes in the tax system do need to be patched up in some way. However, I do not agree with Ryanʼs plan to create tax breaks for the wealthy. The wealthy have more money, they should have to pay more. Tax breaks should be going to the people living in poverty who canʼt afford a roof over their head much less taxes.Tara Pawlyk Tuesday, March 19, 2013 8:35:33 AM ET 04:0c:ce:d3:10:88

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