"We are just asking the rich to pay a little more."
- Barack Obama

Just a little bit more, huh?
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Not to blunt your very valid point.

However, I understand I will be paying more. I am not happy about it, but I understand.

What I do not understand and am more than merely unhappy about -- is that I am going to be paying more and we will still be accumulating more debt

We have a nation of idiots being led by two groups of con men, one of who at least pays some attention to reality while lying to me, so I tend to support them.

Why collect any taxes at all? If we are just going to wantonly spend, and continue to amass deficits too large to every pay back, why bother? Is there any reason we are collecting taxes other than to dish out some punishment?