Then base on 3200 billion a year 400 billion will give us 1.5 months of operating capital.
To put this in perspective if you stack $1000 bills on top of each other like a ream of paper 1 trillion dollars would be 67.9 miles high.
If we shoveled money into a furnace we couldn’t go through it this fast.
I’m not suggesting this is a replacement for current revenue, but as a supplement. I’m not sure what your issue is. Do you object to any of these tax proposals? If you think that these $400 billion is not enough, feel free to make other suggestions. I’m just saying that the president and congress will be talking about “revenue enhancement.” These are the ones that will hurt the average person least. At least that’s if you live like me. I don’t make a million dollars a year, rarely go to movies, I don’t buy CDs, I don’t have a foundation or an endowment, I don’t buy magazines and would enjoy seeing the Virginian Pilot have to charge a 100% sales tax on subscriptions and advertising, I think that the movie industry cheats on its taxes big time. You?