Would you rather
Cut taxes more, with a large cut for those making over $250k/year if the budget is balanced with cuts in social security, medicare, medicaid, and education?
Or, would you rather see taxes go back to the levels under Clinton, which is primarily an increase for those making over $250k/year, if we can keep social security, medicare, and medicaid roughly where they are now?
If we are serious about the budget then we have to make some tough choices over the long run. We can't have our cake and eat it to, we either have to pay for the programs we want with taxes or get rid of or reduce them.
One tough choice I'd make is to remove the cap on social security. Right now if you make over something like 90k then you don't pay SS on the money you make over 90k. Removing this cap will make SS more solvent even though the upper middle class and rich will pay a bit more in taxes. I'd let the tax Bush tax cuts expire for those making over 250k now, and make the rest expire once the economy is back on track. Then we have to make some hard decisions about healthcare, and find some ways to cut costs. Ideally I'd like to find a way to encourage people to be healthier, a lot of our costs are a result of our change in diet and exercise patterns.
What would you do?