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rdking647

(5,113 posts) Wed Dec 20, 2017, 02:07 PM Dec 2017

Repeal the tax bill in 2020

After retaking congress and the White House in2020 I hope that’s the first thing they do. Not only repeal it but raise taxes on the top 1% to recover any tax break they received. Tax any income over 1m a year at 70% , no deductions allowed. Reinstate the estate tax on large estates but get rid of loopholes to avoid it

3 replies

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Repeal the tax bill in 2020 (Original Post) rdking647 Dec 2017 OP

KGB and their GOP associates & unprecedented voter suppression will make that near impossible. Eliot Rosewater Dec 2017 #1

They will have made their $ Billions by then so probably they don't care. Irish_Dem Dec 2017 #2

Not only should we raise taxes on the rich, we should do a clawback. Blue_true Dec 2017 #3

Eliot Rosewater

(31,121 posts)

1. KGB and their GOP associates & unprecedented voter suppression will make that near impossible.

Reply to rdking647 (Original post)

Wed Dec 20, 2017, 02:09 PM

Dec 2017

I hope the best for everybody, I really do.

Since this was entirely avoidable, and since I am not allowed to mention how we could have avoided this, not sure how we can change the future if we dont analyze the past.

Good luck!

Irish_Dem

(47,446 posts)

2. They will have made their $ Billions by then so probably they don't care.

Reply to rdking647 (Original post)

Wed Dec 20, 2017, 02:12 PM

Dec 2017

They know it may not be permanent.

Blue_true

(31,261 posts)

3. Not only should we raise taxes on the rich, we should do a clawback.

Reply to rdking647 (Original post)

Wed Dec 20, 2017, 02:34 PM

Dec 2017

Anyone with over $1 million in family income per year for 2018-2020 should face a special clawback tax imposed for three years on top of higher taxes.

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