Monday, August 28, 2017

The Two Political Parties are the Same - NOT!

I'll post an update addressing the most recent Trump outrages soon, but let me go Big Picture today and address one of my pet peeves...
If you still think there is no difference between the Parties, consider this distinction: The Rich own the Republican Party, they only rent individual Democrats, as needed, to pad Republican numbers. Let's throw out Republicans at every level--Federal, State, and Local, first. After that, we can start taxing the Rich until they scream, with reinstated high marginal taxes and steep progressive inheritance taxes. Let's call this "The Confiscate Obscene Income and Accumulated Wealth Tax Act" in response to the Republican absurd branding of the 'Death Tax' phrase.

My Modest Federal Tax Proposal

On all income, from any source: 33.3% - $250K to $1 million; 50% - $1 to $5 million; 66.7% $5 to $10 million, 75% over $10 million. Same rates for inheritance taxes. When the dangerous and obscene Wealth Gap is cut in half, maybe slowly reduce the rates over decades... Or, as an alternative if the Filthy Rich resist:








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