Reducing debt by making rich pay more
is very conservative fiscal policy.
Middle class is under stress and can use tax reduction.
Ultra Rich (incomes over million dollars per year) can pay a bit more without much pain.
However spending cuts must be part of that package.
Tax increases without spending cuts is bad policy.
The tax plan in his book is just fine with me:
$30,000 per year will pay 1 percent in federal income taxes
$30,000 to $100,000 will pay5 percent
$100,000 to $1 million will pay 10 percent
$1 million or above will pay 15 percent
It’s still ‘progressive’ to make the liberals happy, but it’s also great for everyone, though the $1m and up people will end up probably paying more. I’m hoping this gets rid of the payroll tax and rolls it into the income tax, since it’s a sham to tax it separately anyway.
You answer sound very similar to:
“From each according to his ability, to each according to his need”
Sound familiar to you?
What I think is down right evil is those who think they have a moral right to vote to force someone else to pay for the things they want. It is evil to the core and why we as a country are where we are. And if that’s what you believe, you are part of the problem.
Entropy12 said:
“””””Reducing debt by making rich pay more
is very conservative fiscal policy.
Middle class is under stress and can use tax reduction.
Ultra Rich (incomes over million dollars per year) can pay a bit more without much pain.””””””
Anybody know how to post the meme of Capt Picard’s “WTF is this Sh!t?”
Dude, your on the wrong board if you think class warfare has any place in conservative thought.
To the rest do you see the lengths these Trump worshippers have to go to justify his mistatements? Just pathetic.
This attitude moves us closer to socialism. As more people pay little or no tax it is harder and harder to elect any one who wants to cut government spending. You get a majority that have no skin in the game so why reduce spending. Just tax the rich more. Romney was right in his 47% comment.