He correctly thinks the purpose is to fundamentally and irrevocably transform America. He’s right.
He says tax hikes and inflation to deal with the debt are possible options. What I suggest are tax caps.
Fighting now in Congress to send a middle-class income and property tax cap constitutional amendments to the states would add the electors of several deep blue states to Trump’s total and make Congress turn deep red come November.
[perhaps]
Federal income taxation shall be capped as follows, on personal income:
below the average yearly apartment rent in the District of Columbia, 10%,
below the median federal full-time civilian employee compensation amount, 22%,
below the average employee compensation of the 100,000 best paid federal full-time civilian employees, 30%,
below the average employee compensation of the 10,000 best paid federal full-time civilian employees, 40%.
[Note: All percentages to include employee FICA. They would not fully include self-employment tax, so people that pay SE tax might choose to voluntarily invest in the SS system or otherwise arrange for their own retirement funding.]
[Anything that the IRS would as of January 1, 2024 legally be able to collect income tax on if provided to any person would be considered compensation.]
Property tax on any residential property of less than 2799 square feet of finished space shall be no higher the 2019 dollar amount on the property, or for a newer or since resold property what a similar property in the same area would have been taxed at for 2019 if it lacked owner specific tax breaks, increased by 3% per calendar year since 2019 and by any percentage increase to its finished living space.
“He says tax hikes and inflation to deal with the debt are possible options. What I suggest are tax caps.”
The debt must be repudiated.