Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

joetheman

(1,450 posts)
Mon Oct 25, 2021, 09:23 AM Oct 2021

Media should stop asking if the Dems "can land the plane" and begin to ask is the GOP and

Sinema and Manchin will stop choking the pilot!

TAX the rich period!! 1% across the board for millionaires and billionaires for first 3 years! .05% for the next 3 years and .01% for final 4 years of the 10 years! Stop trying to give loop holes and close the ones that already exist. AND collect the money already owed by these people that's how Biden can pay for his plan.

IRS and even the state had no problem collecting the taxes I owed from a mistake on the tax filing before my spouse died from COVID. They sent letters and enforced a refund offset for the state which meant that my Fed tax refund did not come to me. For 2019, the Feds simply took the money from my bank account ($1355). As soon as my annuity hit the bank it was taken.

So what is the problem collecting taxes owed by millionaires?

3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Media should stop asking if the Dems "can land the plane" and begin to ask is the GOP and (Original Post) joetheman Oct 2021 OP
Exactly right! FalloutShelter Oct 2021 #1
One percent? Return to the pre-reagan top tax rate of 50%. Or the 70% it was before that. PSPS Oct 2021 #2
I think the OP is talking about a wealth tax. Patton French Oct 2021 #3

FalloutShelter

(11,834 posts)
1. Exactly right!
Mon Oct 25, 2021, 09:49 AM
Oct 2021

Tax the rich… JHC … they won’t even miss it.
Their aversive is so deep and corrupting that they resent paying their fair share even though they will NEVER MISS IT.

PSPS

(13,580 posts)
2. One percent? Return to the pre-reagan top tax rate of 50%. Or the 70% it was before that.
Mon Oct 25, 2021, 10:09 AM
Oct 2021

Reagan started it all when he slashed it to 28% plus generous new loopholes that allowed the rich to pay nothing.

Latest Discussions»General Discussion»Media should stop asking ...