
Ok. Let's dive into this one...
So @Elonmusk has 100% paid more taxes in one year than you and your entire ancestral lineage has ever paid in taxes as a whole.
If we took 100% of the 1% of America's assets and liquidated everything we would still be severely in debt.
The solution is more about solving the tax code for the other 99%. We refund 90% of the tax based of child tax credit, itemized deductions, irresponsible gambling losses, and the list goes on. We should be fair and taxing everyone equally regardless of dependents or economic class structuring. Do that for 20 years and we'd see a huge surplus to the point where we can finally cut down on some of that debt.
Thats not it though. We can't be funding endless wars (unless completely necessary), donating billions to Ukraine for war aid, and definitely not using it to make the average person dependent on it unless they have proven efforts to overcome there financial situation.
If input and output of funds were watched aggressively and everything transparently explained nobody would have a problem with this. Once our debt was slashed significantly the federal reserve rates would lower and our children's generation would have a 100 times better opportunity of affording a home with reasonable interest rates. We could lower corporate tax, lower than every other country making us prime real estate for business increasing job growth. If we removed our debt we could even remove income tax or property tax as a whole and live much happier lives.
I know this is the problem because I see all the deductions I'm given every single year when I file taxes. We blow more money and give more tax cuts than any other country in the world.
point fingers at the rich all you want, but they can leave and there isnt a single thing anyone in D.C. can do about it. Fix the problem by addressing the problem not by making more problems.
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