It's the Deficit Dummy? Well, not really!!!! [View all]

[Lem1951]

We need to reverse all the Republican tax cuts that have led to this state which includes the huge wealth gap!
1. Reverse the Reagan tax cut from 72% to 28% which created the wealth gap over the last 40 years and created this billionaire class.
At the same time, remove the tax on Social Security benefits that was part of that same bill.
2.Reverse the most recent Repub tax cut - the Trump tax cut which was unnecessary and is helping to create the current deficits with no evidence that it did nothing for the country except increase the billionaire class wealth.
3. Initiate a wealth tax to help reverse the huge wealth gap - the main reason is that our billionaire class by holding onto this wealth actually slow down the economy while they manipulate politics thanks to our Supreme Court.
4. Eliminate the cap on Social Security taxes - that by itself will secure Social Security for decades. If there are concerns for impacting middle class Americans, we can increase the current cap with inflation while initiating the tax on all income over $250,000 until the current cap gets there.

This culture of any tax is bad needs to be buried!
This could allow universal health care benefits.
It could create an solid social safety net which has been shown to pull people out of poverty and into the mainstream of American life.
Just a thought.