top of page
Search

70% want 70%


Fox News, FOX NEWS, has completed a new poll which found that 70% of us want marginal tax

rates. To state for the very wealthy is redundant. If the higher levies occur after the first 10 million

dollars earned annually, then the person is in fact wealthy. In contrast to the fact there has to be ongoing protests to raise the minimum wage to $15/hour.


And in concert, how about a wealth tax. It already exists piecemeal. There are property taxes and

money is remitted back to the state for registering vehicles or other large items. On a micro

level, sales tax adds a small surcharge to purchases. It is a very regressive tax.


Guess what? Most Americans want and support such a proposal.

https://www.businessinsider.com/majority-americans-approve-elizabeth-warren-wealth-tax-plan-2019-1


What happened last year? The Congress passed a massive tax cut for corporations and the very wealthy. Seems to be just the opposite of what an overwhelming number of Americans are asking for and the economy desperately needs.


Don't Shop on Tuesdays.

12 views0 comments

Recent Posts

See All

BIG CAMPAIGN MONEY IS THE ROOT OF OUR EVILS

Congress can illuminate the truth about campaign funding Big money rules in Congress. Gun manufacturers thwart common-sense legislation like background checks for gun show sales, even though 80 to 90

Comments


bottom of page