when have "taxes" become a dirty word. Hell we had 90% taxes in the 50s and supposedly that was the most glorious time in United States history.
In fact if you compare the tax rate for the top earners with the overall American economy, you can see that the lower the taxes for the top brackets, the crappier the economy tends to be. And sure correlation does not mean causation but still.
Honestly I don't think most people would mind getting taxed at a higher rate, as long as the money actually went somewhere positive. To lower the national debt, to fix this country's infrastructure, to do the whole single payer health care(not the abortion that they are currently trying to implement). The shittier the economy, the more necessary it is to have a social net that'll help people get back on their feet.
I mean, seriously, the country is 11 trillion in debt, and because of this taxes = political suicide meme, that number just keeps getting bigger and bigger.
And I'm not proposing raising taxes on everyone...but if you make more than 1 million a year, anything above that can be taxed at 60-70%(with the exception of funding startups...which gets you a tax write off)
Edit: if you are going to downvote, at least have the balls to make a reply.
I think you are mistaken, income taxes are horrid and make you a serf to the state.
The income tax was started in 1913 (not counting the civil war) and was high till the late 80s. Now during that time most of the industrialized world was destroyed by wars and America was able to prosper significantly -- as global competition picked up we were no longer competitive. It has nothing to do with high income taxes.
The country is in 11 trillion dollars in debt because it spends money it doesn't have on things it shouldn't be spending money on. 90% of what people need from government is handled at the local level -- @ the federal level we have national defense, immigration, and the federal judicial system. After that there really shouldn't be too much (SS, Medicare, and Medicaid should be at the state level if at all).
"Honestly I don't think most people would mind getting taxed at a higher rate, as long as the money actually went somewhere positive."
I think I would feel better about it if there was a way to address the corruption and wastefulness that comes with how our tax dollars are spent.
I used to work civil service (part-time job while in college) and we had a lady named Peggy (sweet lady, great person) who spent every day on the phone resetting passwords for people who called in. Finally, I spoke with the supervisor and offered to add a forgot password link to the application and his response was: "what would Peggy do then?"
Furthermore, I have little faith in the government's ability to hire the smart people who can actually address some of this stuff. What bright kid out of college wants to work at a job that blocks youtube, gmail, blogs, and any other popular-but-useful service that arises.
In fact if you compare the tax rate for the top earners with the overall American economy, you can see that the lower the taxes for the top brackets, the crappier the economy tends to be. And sure correlation does not mean causation but still.
Honestly I don't think most people would mind getting taxed at a higher rate, as long as the money actually went somewhere positive. To lower the national debt, to fix this country's infrastructure, to do the whole single payer health care(not the abortion that they are currently trying to implement). The shittier the economy, the more necessary it is to have a social net that'll help people get back on their feet.
I mean, seriously, the country is 11 trillion in debt, and because of this taxes = political suicide meme, that number just keeps getting bigger and bigger.
And I'm not proposing raising taxes on everyone...but if you make more than 1 million a year, anything above that can be taxed at 60-70%(with the exception of funding startups...which gets you a tax write off)
Edit: if you are going to downvote, at least have the balls to make a reply.