I get concerned to hear liberals say, we need the wealthy for pay their fair share.
If someone is complying with our tax laws, aren’t they by definition, paying Their fsir share?
What about the facts, such as how the top 15% of income earners pay something like 75% of all income tax revenue?
What about the fact that we have a graduated income tax system, so that those at higher income levels are already paying higher marginal tax rates?
What do they people want? Confiscatory taxation?
Fair share? How about 10% tax on the people who don’t pay anything now?
How about a tax on the money Mexicans earn under the table and send home? transfer tax.
How about a word tax on every thing politicians say that is stupid?
We are running federal deficits on the order of $1 trillion/year.
Tax credit refundability needs to vanish.
The middle class needs to pay considerably more.
The high income folks need to pay at about the rate she suggests.
Capital gains need to be taxed at standard rates.
Only if tax rates are raised will there be a will to cut spending.
Half the nation draws from the federal trough.