I'm in full agreement of closing any tax loopholes that can be exploited, and making sure the rich are paying their share of the taxes properly. I'm just not in agreement of increasing already high tax rates to the rich people in order to get them to pay even more than what they're obligated to pay now currently. As I said, they've already paid many times more than the average person, so they are already being taxed more.
Want higher tax revenues? Increase the tax rate across the board for EVERYONE. It's always going to be the middle class you and I who bear even higher tax burdens to support most of society. It's not going to be the 1% ultra rich.
|