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  Topic: GOP’s Marco Rubio: ‘Tax increases
will not solve our $16 trillion debt’
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GOP’s Marco Rubio: ‘Tax increases
will not solve our $16 trillion debt’

Investor´s Business Daily, by Andrew Malcolm

Original Article

Posted By:SurferLad, 12/8/2012 9:59:41 AM

Hello, I’m Marco Rubio. I have the honor of representing Florida in the United States Senate, and the privilege of addressing you today on behalf of my fellow Republicans. Our middle class has made America different from the rest of the world. Every country has rich people. But only a few places have achieved a vibrant and stable middle class. And none has been more vibrant and more stable than ours. But now a growing opportunity gap has developed between the dreams of millions of Americans and the opportunities for them to actually realize them.


Post Reply  

Reply 1 - Posted by: Coy860, 12/8/2012 10:07:07 AM     (No. 9055160)

"We must reform our complicated, uncertain, job-killing tax code, by getting rid of unjustified loopholes."
Umm are those called deductions? Beware using the vocabulary of the left!

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Reply 2 - Posted by: bpl40, 12/8/2012 10:38:34 AM     (No. 9055210)

Deductions and high marginal rates are like two poles of a magnate. They cannot exist separately. Republican goal should be to use the elimination of ´loopholes´ to drive more equitable tax rates. One hopes Rubio will be among the first to see the light.

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Reply 3 - Posted by: sw penn, 12/8/2012 10:42:43 AM     (No. 9055223)

The dam is broken.
The tsunami has knocked the railroad bridge,
and is racing down the valley
toward the sleeping city.

President SugarDaddys´ solution
is for some of you
to pee into the lake.

Stop the gushing spending.
Fix the dam.

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Reply 4 - Posted by: Dante, 12/8/2012 12:12:08 PM     (No. 9055332)

Lefties can´t handle simple math, it just "feels" good to them to confiscate from the productive.

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Reply 5 - Posted by: Salt5792, 12/8/2012 12:22:59 PM     (No. 9055344)

O actually said that the "tax on the rich" would solve half the deficit problem. Preposterous! The effect on the deficit is unknowable.

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Reply 6 - Posted by: uno, 12/8/2012 12:26:29 PM     (No. 9055350)

It really is an incredibly simple concept. One that even the slowest Liberal in the room should be able to understand.
You don´t make an ailing economy better by taking more out of it anymore than you would add more overhead to a floundering company...unless of course you are:
A) Stone drunk, high or both
B) You have a room temperature IQ
C) You are deliberately trying to destroy it.

My money is on C

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Reply 7 - Posted by: retcpo, 12/8/2012 12:30:58 PM     (No. 9055358)

We are now borrowing .46 cents for every Federal dollar spent.

If nothing is done many of these foolish expenditures will expire and real cuts will be imposed.

Far better to fall off the fiscal cliff now than Mt. Everest later.

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Reply 8 - Posted by: craige, 12/8/2012 12:31:31 PM     (No. 9055360)

Quantitative Easing is the solution. 100% INFLATION will cut it in half. It will also wipe out retiree incomes, savings, and debt instruments.

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Reply 9 - Posted by: trapper, 12/8/2012 12:37:39 PM     (No. 9055368)

But amnesty will, right Marc?

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Reply 10 - Posted by: M Stuart, 12/8/2012 2:56:59 PM     (No. 9055483)

Love it #3. I hope it´s OK if I pass it on!

I hope some of these young conservatives prove themselves to be good communicators.

Newt has been on various shows, and he is great. They cannot talk him down. Even in the Dens of Stupid(CNN & MSNBC) he can make his points.

Maybe he could push Boehner aside and show him how it´s supposed to be done?

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Reply 11 - Posted by: hamrman, 12/8/2012 3:12:23 PM     (No. 9055501)

That is correct...even a Harvard educated person should be able to come to the obvious conclusion...IT IS THE SPEND STUPID!

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Reply 12 - Posted by: PoliticalJunky, 12/8/2012 3:35:47 PM     (No. 9055525)

I like Rubio. He is quick witted, articulate and makes a good speech. In this one he has made a speech which sounds good, is careful not to offend anybody and doesn´t say very much. I guess it was pitched to his audience.

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Reply 13 - Posted by: Sunhan65, 12/8/2012 3:37:46 PM     (No. 9055527)

Good stuff from Rubio except for two things: 1. A tax loophole is just a deduction someone else gets. Closing loopholes gives the government more money, which only encourages it. 2. I´m uncomfortable with Rubio talking up the middle class, which identifies Americans in a way that implies that those with less deserve more. That´s just the liberal argument turned upside down.

If it were up to me, we wouldn´t have progressive tax rates. We wouldn´t have tax rates at all: Take the Federal budget, divide it equally by the number of tax payers, and then send them each the bill. Whatever tax amounts that are not paid are automatically cut from next year´s budget. Whoever didn´t pay their tax bill are denied all access to Federal programs, aid, and programs until they start paying. Tax payers who don´t settle up within five years are purged from the voter rolls and placed in debtor´s prison if they try to vote. This would solve America´s problems in eight years.

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Reply 14 - Posted by: KimoSaavy, 12/8/2012 4:14:02 PM     (No. 9055575)

I absolutely hate it when a point is made like this. It´s incomplete, deserving to get ignored. He needs to go a step further.

‘Tax increases will not solve our $16 trillion debt’ and if you think you will be spared from BHO´s proposal, think again. You are next to be taxed under the pretext that it didn´t go far enough... Your taxes will have to be raised next. Count on it.

Why can´t they fight with fire?

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Reply 15 - Posted by: LanieLou, 12/8/2012 5:04:03 PM     (No. 9055632)

God Bless Rubio! He is extremely deft at being gracious, as he tells the public the marxists are wrong.

A strong Christian... I really think he´s someone special. Pray God keeps him safe.

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Reply 16 - Posted by: Pinchem, 12/8/2012 8:09:41 PM     (No. 9055797)

I agree that a few billion dollars will do nothing to solve a $16 Trillion Debt. That is like a flea crawling up an elephants rear end with rape on his mind.

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