Originally posted by whodey
Is the price of bread too low? How about the price for milk? How about the price for anything you buy? Everything will go up when gas is increased.
Having said that, I simply don't understand the mentality that taxes of any kind are too low. After all, taxes "TAX" the economy. It is inherently detrimental to any type of economic growth. As for the de ase taxes across the board with schemes like cap and trade. What exactly is the difference?
I'm not going to sit here and tell you Obama is consistent (he's not). But taxes are too low when they are insufficient to cover government expenditures. To balance the two, you can raise taxes, cut spending or a combination.
Bread and milk are not "too cheap." But there is some room for them to go up without being too oppressive. Around here, a gallon of milk costs about $3.39. We go through about 2 gallons a week (with 3 kids). In the grand scheme of things, that's just not a lot of money. If it went up to, say, $3.89, it would cost us about $50 a year. If the same happened to every other staple, such as bread and butter, etc., we're looking at a couple of hundred dollars a year. Considering that my health insurance premiums have doubled in the past 5 years, costing me an extra $500 a MONTH, that's just not a tremendous hit. It's less than the difference between sticking with my 32 inch HDTV and upgrading to a 46 inch TV with 3D capability.
If I have to stick with my excellent TV rather than upgrading to a fantastic one to reduce our dependence on foreign oil and help save the environment, I'll make that sacrifice.