Taxing the wealthy sounds simple but is actually stunningly difficult.
The wealthy can hire world class tax attorneys to scrutinize the tax code and find a wide variety of loopholes for their clients.
The notion that Congress would close those loopholes to any significant degree is laughable on its face.
It’s not difficult if you have the political will to enact real tax reform and eliminate many of the loopholes
We are so far in debt and we can’t ask average Americans to pay the entire bill, everyone needs to pay more and the really wealthy need to pay more, this isn’t 1980 when Reagan was POTUS we are In much worse shape now
The notion that Congress would close those loopholes to any significant degree is laughable on its face.
Bingo. They use those loopholes themselves.