This iReport is part of an assignment:
Will you still invest in stock market?
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Posted July 27, 2011
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Brooklyn, New York
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Deal or No Deal
Although raising taxes is not ideal at this time, it is necessary in order to solve this debt problem. Any small business owner knows that there must be revenue as well as cuts in order to have a thriving business. And the argument that we can not raise taxes on job creators is invalid. There has been stagnant job growth for the last 10 years, and now we are at the lowest employment levels yet, all the while, taxes have been the lowest in our nations history. My solution is to raise taxes on the wealthiest in order to earn more revenue, or give them an ultimatum, that when they create more jobs (instead of outsources for profit sake), which will create more tax payers, Congress will lower their taxes once again
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