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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We will make $1M this year (own a business that will likely fold in two years thanks to Trump policies) so income is variable and we pay 45% combined fed, state and local. I don’t have any qualms paying this in but I at least wish we got SOMETHING for it like universal health care or a decent plan where if our business tanks we know there would be a backup without having to co e up with an extra $2k per month for health insurance premiums. [/quote]

You won't get those kinds of perks in the current system because there are simply not enough people like you to generate the tax base necessary to pay for them. Only way everyone gets a lot of "free stuff" like you mention is if they hit the middle class with big tax hikes. The middle class is where the real money is. You could take every penny the billionaires have and it wouldn't be sufficient to pay for the Democrats wildest dreams, or make any dent in our national debt for that matter.[/quote]

This isn’t true.

The wealthy oftentimes diminish income by living on borrowed money collateralized by their assets. The only way the government can effectively tax them is to tax their wealth.

A 1% tax on wealth over $50 million could raise around $1.9 trillion over a decade (2025-2034), according to the Tax Policy Center.

Senator Warren's proposed tax (2% on wealth over $1 billion and 1% over $50 million) was estimated to raise around $2.75 trillion over ten years by economists.[/quote]

You are expecting MAGA to do math. They are too stupid
[/quote]

Says the liberal Dem who thinks men can get pregnant. Next![/quote]

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