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The Fiscal Cliff Solution

Created by D.K. on December 17, 2012

I have a simple solution for the fiscal cliff. The top 2% patches the wound while Congress stops the bleeding. I propose that the top 2% gives the 4.6 percent tax increase being asked of them. But in return I propose that Congress puts in writing by civil contract with America their already existing promise of cutting wasteful spending by $500B/year for the next two years.

If they fail there will be TWO penalties. One, A fine and two, an agreement to not enter Congress the following term on Jan 1, 2015. I've researched this proposal and it would be both binding and enforceable.

Government & Regulatory Reform
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