Solution+-+Raising+Income+Taxes+to+50%

=**Situation**=

Raising income taxes across the board
This is one of the simplest and probably least palatable options to the majority of Americans. Just increasing income taxes by about 50%- without changing spending on medicare/medicaid, social security, national defense, and domestic discretionary spending would bring the budget into balance in the next 15-20 years. But keeping up with ballooning medicare and social security costs associated with Americas aging population would require even greater revenue generation after the 15-20 year mark. =Response=

This is the only way!
To recover from such a large debt, desperate times calls for desperate measures, this means raising the tax to 50 %, helping to bring in loads of peoples hard earned money and using it to pay off things like scooters for old people or a heart surgery for a 90 year old women. howenver, with more baby boomers retiring and stressing the system, more money will be needed.

The good thing about the tax raise is that all our money will b put to good use and help these systems running for a few more years

The cons to this idea is the money will run out very quickly and force us into a state of depression, we wont have any money in 20 years is what im trying to say

the Democrats would love this tax raise cause they belive in more government control

the republicans would fight this tax raise because they dont want any government and less taxes

[|raise taxes by50 percent] check out this link, its completley non biased, it just discuses the fact thatwe cant afford to raise taxes [] and another!!! this one might be a little conservative, its talking about how obama is going to ruin the country