Let’s stop requesting, and start demanding
We must simply stop requesting the wealthiest among us pay their fair share, for too long we have simply asked their permission, It is high time we demand that the wealthiest among us pay, more than their fair share. Simply, because they have more, inequality demands it of us. We have engaged for far too long with Voodoo economics, running up the national credit card. the bill has finally come due.
Paying down the national debt has become a necessity for America survival as a superpower, soon the debt payments alone will outpace the GDP of America. Unfortunately for the billionaire oligarchs, This means raising their taxes. By raising taxes to post-world War II levels 90% on the income taxes over 10 million and a capital gains of ordinary rates along, With various other tax policy implementation, such as eliminating the dingbat Donald’s import tax. This would result in a 10-25% one-time drop on some goods, And in some instances even higher, such as good as they come out of China or Brazil. This would however cause a minor drop in income coming into the Treasury via import Texas. Approximately 2-3 trillion over 30-years, in the grand scheme of the wage war on wealth tax plan, We can overcome these small losses in import Texas with little effort.
We could generate 25 trillion over 30 years with the wage war on wealth tax plan to rapidly pay down the national debt. Alternatively, we could use the 25 trillion to fund social programs along with paying down the debt, a personal favorite of mine. I would like to see us invest a portion of the 25 trillion over-30 years into programs like Medicare for all, universal education, higher levels of childcare, expanding childcare sites to reduce the overall costs. Aswell using it to support national parental leave laws across the country.
As with all the finest things in life we have to pay for them, so if we want Medicare for all, universal education programs, the highest class of childcare possible, expanded parental leave laws. We always have to remember to pay for these things we have to raise taxes, but most importantly who we raise taxes on is the part on which we must focus. We have to raise taxes on the 1%, There's no way around it for ages. We have been giving them tax breaks and corporate subsidies. They got richer, the only thing the American people got was becoming financially in debt.
This is America, as the People of this country we have a choice on who we tax. do we tax the poorest among us? placing the highest burden on people who are already have annoyingly difficult lives, or do we tax the wealthiest among us? who enjoyed nothing but the highest class, the biggest yachts, the best toys, the most homes in the world. I think the answer is quite simple, the wealthiest among us must pay.
as of now the wealthiest among us would not and have not hesitated to declare war on the working class of America, it’s time we fight back.
