Saturday, December 17, 2016

Believe Me Now?

                                                 
"[T]he National Government should impose a graduated inheritance tax, and, if possible, a graduated income tax. The man of great wealth owes a peculiar obligation to the State, because he derives special advantages from the mere existence of government."  --President Theodore Roosevelt in his Sixth Address to Congress, 3 December, 1906

"42"..... as in raise the tax rate on the top 1-1/2% to  between 42 and 45%.
     As I've said repeatedly, I think that ending Supply Side Economics is one of the most important things we could do for our times.  In the 40+ years that it has mostly dominated, things have not "trickled down"... the wealth has concentrated further up.  Although this is an opinion piece, my education and experience mean I'm not a novice in this area, either.
  Take a look at how much good could be done if we change this: 


     People further up the economic ladder complain that about 47% of our populace pays no taxes at all.  Well, maybe if things were shaken up somewhat, more of them would move further up the ladder and pay taxes! 

No comments: