I read somewhere that the top 20% of the population pays around 80% of the taxes. Imaging raising that top percentage from 28% to around 33%, the way it was during the Clinton Era. It would definately raise the tax revenues.
Since we don't have enough people employed, the people who are not working are getting public assistance which also cost taxpayer money. Under Kerry's plans, we can get these people jobs which reduce the need for taxpayer money.
With these 2 simple principles, Clinton was able to get us out of the deficit. Bush in turn, reversed the 2 policies above which created this deficit. In addition, most republician Presidents would greatly reduce government spending. But Bush decided to increase government spending instead. Tax cut + increased government spending = increased deficit.
http://www.cato.org/...ugy-030212.htmlBush said Kerry's tax policies can't be done without increasing the middle class' taxes. Well, if you trust someone who can't balance the budget or from a fiscal irresponsibile Administration.