Yes Republicans It Is A Tax Increase You Are Right

[DanieRains]

A tax increase on people / corporations who have NEVER IN THEIR WHOLE LIVES PAID THEIR FAIR SHARE.

Protecting the wealth and fortunes of America's wealthiest is the only thing Republicans care about.

Yes we need more than bridge repair.

Let the folks who took advantage of a tax system that lets the already wealthy compound their wealth, and the majority of Americans pay so much in taxes, and other fees, that they will NEVER GET AHEAD.

Go ahead and use my language Democrats.

We are raising taxes on the people who have never paid their fair share, and corporations who make billions and pay no or little income tax.

It won't hurt all that bad.

Nothing against billionaires. They should just pay taxes like us hard working normal Americans. No more free ride.

[Mysterian]

1. Democrats believe in paying the bills

unlike the borrow-and-spend republicans.

[DanieRains]

2. Did Anyone Hear Bernie This Morning On CNN?

2 Americans have as much wealth as 40% of all Americans.

I could live with that if they paid taxes on the profits that created their wealth. Me not Bernie.

If they paid their fair share.

They never have.

The system is rigged as Elizabeth Warren said.

Who paid more in total taxes, the 40% or Bezos and Gates?

(I am not attacking Bezos or Gates)

They didn't create their low tax on Billionaires system.

Republicans did.

[Shermann]

6. The parties need to agree on two things first

1) What metric of wealth inequality in the US should be used?
2) What should the limit on that metric be?

You hear a lot about the 1% owning 40% of private wealth in the US. That's as good of a metric as any I would say.

As for #2, the 40% seems crazy high to me. Is there any possibility of agreeing on a number?

Then we are on to number 3:

3) What to do about it?

That's a tough one due to the delayed reaction, but it all starts with taxes. It will take decades to bring that number down.

[patphil]

3. I think the majority of Americans see a tax increase on the ultra rich as a really good thing.

Even with the proposed tax increase the rate is too low in my opinion.
I also like Warren's idea of a wealth tax.

[SWBTATTReg]

4. When a so called billionaire like rump can get away w/ paying only $750 in tax, I suspect that

he's cheating and he's a hypocrite, claiming that he's all in for America and that he's a business genius. I guess it does take being a genius to declare the number of bankruptcies that he's declared, etc.

Once again, he's a liar, he only there for himself and only himself, and I hope that he's caught w/ his hands in the cookie jar, cheating like usual, taking illegal deductions and not declaring all of his income, and just plain flat out committing tax fraud.

[Lettuce Be]

5. Insane part is they'd never notice difference if they paid fairly -- won't affect their lifestyle

You could remove one billion from a multi-billionaire and they literally would not notice the difference. It's all just numbers on a spreadsheet to them. Their failure to see how unfair this is is the real problem.

[multigraincracker]

7. We have a minimum wage, we need a maximum wage, or wealth increase.

Anything over several million increase in wealth/year could be taxed at 100%.

[IronLionZion]

8. They're still waiting for Trump's tax cuts to trickle down

and Bush's tax cuts, and Reagan's tax cuts, etc. They cling to that idiotic notion despite real evidence that jobs and the economy was better during Clinton and Obama, and is already getting better with Biden.

[monkeyman1]

9. tax's

if these big conglomerates say they move their companies to foreign country , that's fine ! we will tax their products when come back here. they can move with their company . the gravy train need's to stop ! trump paying 750.00 in tax's for a billionaire's (so called ) tax's is beyond a insult to the American worker. plus he stiff's everybody ! republican's need to be put on notice we have had with them. even a few freinds I have that are republican have had it with these clown's. times up !!!!!

[Karadeniz]

11. The term "free ride" is what's needed to get everyone on our side.

[AZLD4Candidate]

12. I believe all incomes, no matter the source, should be taxed at the same levels as income tax

LT and SLT Cap Gains is income, therefore it should be subjected to income taxes. Call it a different name if you want, but Cap Gains is income.

Same with residuals, royalties, etc. . .if it isn't already.

[jmowreader]

13. What I have always loved...

First the Republicans cut taxes.

Then they complain about the deficit increase it causes.

Their intent is to eliminate social spending by eliminating the money needed to pay for it. The biggest problem with that is there's not enough social spending to eliminate to counter all the tax cuts.

[Eyeball_Kid]

14. Solve a big problem! Increase the marginal tax rate to 50%!

That could increase the Pell Grant Fund, increase scholarships to colleges, increase the minimum wage, and more. For over 40 years, it's been "no new taxes." Then the Treasury gets depleted. Then there's no money for the middle and working classes, even though they continue to pay taxes for services that no longer exist. Screw that. The wealthy have enough.

[BobTheSubgenius]

15. How can one argue against this idea?

Even if it affects them, they will still be among the richest people who ever lived. IF they don't like it, F them.