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Oh, wait... I know. The leftists/elite don't want too many people to get all uppity and think they can actually make something of themselves. Can't have that or they would lose a HUGE chunk of their voting base.
The only useful new tax would be a tax on all imported goods.
We shouldn't harm productivity or further destroy the middle class by confiscating more income or their retirement savings. It's entirely foolish to further penalize businesses that we need because they hire Americans.
Let import taxes be used to pay for all those on welfare handouts and unemployment.
And that's where they're making their mistake. MOST of the income is earned by the middle class. If the goal is really to increase tax revenue, THAT is where the income tax increases need to be.
The bank robber was honest. Liberals are not. Liberals have NO intention whatsoever of increasing income tax revenue in any meaningful way. If they did they would tax the group that earns MOST of the income: the middle class.
Instead, their goal is just to penalize sacrifice, hard work, and success.
95% of Americans compete over about 5% of the money, the 5% of population controls the other 95% of the money. It is statistically impossible for the middle class to generate most of the income, when almost all of the money is in the hands of a few people. The middle class only controls 2-3% of American money.
Where do you liberals keep getting all of your false data? Serious question.
I presume that refers to AGI or to "taxable income". And the top 5% have many more wags to fudge their "income" numbers than to wage slaves who are fed W-2 forms by their employers.
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