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LiberalFighter

(53,544 posts)

9. I would have the top tax bracket higher

Reply to WCGreen (Original post)

Fri Nov 16, 2012, 07:31 PM

Nov 2012

and have more than just 2 at 33% or higher. We currently have 6 tax brackets (actually 7 when you count 0% as a tax bracket). We could have 10 or 12 tax brackets.

And tell everyone that says the tax code is complicated that they are full of crap. For most of us it simple. When it involves additional properties and income from investment it becomes more complicated. It's complicated when it involves more than just a few pages to file.

I would go for limiting interest deduction to just 2 homes.

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Highlight:

Cut the Military by 10%... [View all] WCGreen Nov 2012 OP

These are good ideas... CaliforniaPeggy Nov 2012 #1

Cut the Military by 90% Gregorian Nov 2012 #2

That could be a goal, perhaps cut a percentage over a defined time frame... WCGreen Nov 2012 #6

I thought of that. We'll be lucky if they even pass the filibuster rule on Senate day 1 next year. Gregorian Nov 2012 #19

America spends sickeningly large amounts of money on the military complex rustydog Nov 2012 #13

Raise the income cap edhopper Nov 2012 #3

You would have to do it over a few years since there are legitimate people WCGreen Nov 2012 #4

That would be fine edhopper Nov 2012 #8

And we'd still be the baddest asses on the planet. trof Nov 2012 #5

Well thought out. cheers MrYikes Nov 2012 #7

I would support charitable deductions but LiberalFighter Nov 2012 #10

I would have the top tax bracket higher LiberalFighter Nov 2012 #9

Eliminate the home mortgage deduction. About 100 billion in tax revenue right there. Kaleva Nov 2012 #11

10% would be a drop in the bucket to DOD spending Victor_c3 Nov 2012 #12

$718B DoD in 2010. Total military expenditures for that year were in excess of $1.6T. Egalitarian Thug Nov 2012 #18

privatized army mdohoney Nov 2012 #14

Works for me.... WCGreen Nov 2012 #15

K&R This is one model for success. Now how do we get anybody that matters to push for it? Egalitarian Thug Nov 2012 #16

K&R Well thought out! nt ProudProgressiveNow Nov 2012 #17

Cut It By 50% At The Very least colsohlibgal Nov 2012 #20

Drop the empire and convert it to a domestic emergency force. JackRiddler Nov 2012 #21