I could afford to pay a bit more, but I want it to be fair. If I pay more, I want everyone to pay more. If people aren't sharing the pain, there is no incentive to participate. I don't want to be a sucker, paying more when everyone else isn't.
If I thought that if I paid higher taxes for a couple years would fix it and stop them from spending like my wife I would do so in a New York minute! But we all know the equation works like this..take in ten, spend fifteen, take in fifteen spend twenty. They are out of control!! Spending must stop FIRST!
I am willing to pay a bit more in taxes, if the gov't would make those " tough spending decisions" that Mr. Obama talked about during the campaign . Without spending reductions this thing will not get under control.