But that 1% have made out for reasons of tax code nuances and cronyism, not due to tax rates. As another poster said, time may be ripe now for overhaul of IRS code and the 80 thousand page tax code.
To just say “tax the rich” is not right, nor is it conservative. To say quit having a government making certain connected people rich certainly is the essence of limited gov conservatism.
Bingo! Overhall of the tax code is what is really needed, along with eliminating insider trading among politicians who become millionaires because they know when something is going to happen BEFORE it happens, sorta like the big contract sale of USPS post offices being awarded to a certain senator’s husband.
What I am saying is if a Republican runs on something other than “tax cuts, tax cuts”, something like immigration, then we’ll have a winner. And, since we have debt that is 17 trillion, something needs to be done about that if we are to have any future whatsoever.
I agree the Fed and QE has made the 1% richer than ever, all just to make Obozo look good.