President Obama and Senate Democrats have presented deficit reduction plans that would rely on both spending cuts and increased tax revenues, but Republicans continue to insist that the U.S. has only a “spending problem” and that deficit reduction does not require new revenues.
The premise of the argument from Republicans is that Americans already face an extraordinarily heavy tax burden. Citizens for Tax Justice, however, compared levels of taxation in 2010 in the other industrialized countries that make up the Organization for Economic Cooperation and Development (OECD) and found that the U.S. not only collects far less in tax revenues than the average OECD country, but that it also collects less in taxes as a share of its economy than all but two other OECD nations, as the chart at right shows.
the sheer stupidity of republican to lie and continue putting it out there to be rebuked each time, just like they did with Jeep sending it's manufacturing to China, and all the other binder full of lies.
they've been saying big business pays too much taxes when the loophole lawyers get them down to single digits, tax credit on yachts and jets.
The U.S. has historically collected less in taxes and spent less than the majority of its OECD counterparts, in part because it operates such a stingy social safety net that doesn’t assist the least fortunate in society as well as programs in other countries do. Still, the chart shows that the U.S. is far from a high-tax country, and Democratic offers to raise modest amounts of revenues in the budget process would hardly send the nation’s level of taxation through the roof.
any money they claim Pres. would spend with a blank check has to be aproved thr congress, so why do they keep saying he is spending to much when if he were they ok'd it in their congress
