General Discussion
In reply to the discussion: Yo Hillary: I have a plan for you that will guarantee your address from 2016-2024. [View all]WillTwain
(1,489 posts)one thing to consider is the tax shift that has occurred since Reagan. The middle-class is getting soaked by higher tuition, local taxes have gone up, state taxes have gone up, sales taxes are routine now, fees are everywhere. Part of my reasoning is lowering taxes on the middle-class is only an attempt to bring tax rates back in balance. I am unsure of the exact cut, but 25% may make sense. Of course, an overall tax increase on the rich must more than offset the cuts to the Middle-class. Overall we need to raise taxes a lot.
Again, taxes have long been a means of wealth distribution. It seems wages are not going to increase. Corporations are running our lives, government needs to to use the methods in front of them.
Thanks for your thoughtful posts.