About 2-5% of the country make more then $250,000 a year. Even if you did hike it all the way into the 40% world, you will still not be able to reach the goal of getting universal health care. So they will come to the conclusion that they have to tax 100K and over. If that happens we have entered what we call, a socialist state. We can not afford a socialist state. Think about it this way. You are a CEO of a company. Barack Obama and Joe Biden want to higher your taxes. I and you would get yourself out of the country to places like Ireland. My parents make over a 100K and under 250K. Obama has pledged not to tax anyone who make less then 250K. If he lies (better terms: realizes there’s no money in 250K) then he deserves to be impeached. Now you will say ” Koko your still bitter because of Clinton.” No.
Middle class families like mine, will be driven away because of this. Now if he keeps his promise of only over 250K, then fine.
Koko’s tax plan.
0%- those making below 19,000 a year.
8% - those making under 35,000 a year
10%- 15% - those making under 60,000 a year
20%- those making 100,000 to 150,000 and a year
28%- those making over 175,000 a year
35%- those making over 250,000
44%- those making over one million dollars to infinity.
And cut spending. Like WHY ARE TROOPS IN GERMANY AND SOUTH KOREA!
These are the most fair tax plans you will see. Every man has a right to keep over 50% of his wealth. Also there should not be special tax cuts for married people. It should all be the same rates.
Absolutely no funding for religious institutions, or military recruitment operations (all of the above would save us billions). Barney Frank’s plan of cutting 25% military spending, should be looked into. End the drug war, and abolish the DEA (hundreds of billions). With that money we need to bailout companies that are in trouble.
First. Anyone who buys health care should get a full tax deduction on what he spent. We need to expand medicare (the 25% military spending cut). We don’t need trickle up economic policies, or trickle down. We need it raining down.
_______________________________________________________________
This post represents the libertarian views of Koko Chassid and may not represent the progressive views of Think Youth’
Post from, Think Youth.
