Wednesday, March 8, 2017

Paying Off the National Debt and Fully Funding Government Services is Easy

It really is; but, it will be hard for you to understand and we can pay off the debt without raises taxes at all. What if it was as simple as getting rid of all tax deductions for everyone and every company over $100,000? Think about that. What if we limited tax deductions to $100,000 a year for any filer?

We would let companies and people take any deductions they wanted; but, the total deduction could exceed $100,000 a year. Do you know how much more taxes would be collected and only from the rich? Enough to pay for universal health care, universal education and universal retirements. What if we limited the wealthy to the same tax deductions available to the middle class or working class? Why do people get more tax breaks the more they make? Oh, yeah, because the wealthy write the laws and have decided they should have more tax breaks than the rest of us.

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