Originally Posted by Triple X Rated
Raise taxes by 2% all around
YOU PAY MORE TAXES FOR MORE MONEY
Yes, having a higher value dollar makes imports somewhat cheaper, but it also makes our exports a whole lot more expensive (there is a reason China is deliberately devaluing its currency). This can hurt the economy.
Also, I wouldn't mind a 2% tax increase across the board, provided it truly was across the board, since almost 50% of Americans don't pay any income tax. It is hard to care about how much the govt is spending it you aren't paying for it. Also, this needs to be accompanied by spending cuts, because 2% isn't going to do jack **** on its own.