Quote:
Originally Posted by CliffFletcher
Until they see the tax bill. Because whatever else is changing about Americans, I don't see their ferocious resistance to taxation going away any time soon. And you simply can't get the level of public spending Sanders is calling for without substantial tax increases right across the board.
Countries like Denmark and Sweden don't have robust public services because they tax the wealthy and corporations at high rates. They can afford robust public services because they impose high income and sales taxes on everybody. To a level I simply can't imagine Americans tolerating.
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Well, it's really just the rich that aren't tolerating it right now because they aren't being taxed enough. Every other segment is.
Just closing a single loophole that favours corporate executives would save the Treasury $50B.
https://americansfortaxfairness.org/...s-for-ceo-pay/
Further, some high-profile wealthy people are actually imploring governments to pay a more equitable share but, guess what, Republican law makers are deaf.
https://thehustle.co/billionaires-wealth-tax-reform/
https://www.cnbc.com/2019/10/14/sale...her-taxes.html
Anyone who is honest about the current state of the US tax code knows that it is effectively a legal mechanism to siphon wealth from the the middle and lower classes to the rich. There's no lobbyists in Washington that represent middle class taxpayers. It's a game designed and controlled by the rich for the benefit of the rich.