Question: How is America to “pay for” the projected $6 trillion cost of the Biden/Progressive agenda?
Answer: Given the vast, multi-trillion dollars of income/wealth gained by the top 25 personal and corporate incomes over the past 18 months, it seems the morally right thing for them to do is to “pay for” that expense by making the same contribution to the IRS over the next few years as was required by President Eisenhower in the 1950s — over 90% of all income over $3 million.
In today’s dollar value, perhaps a more fair metric would be 90% of all income over $30 million.n At that rate, these super-wealthy, who have had the benefit of highly favorable tax law for the past 40 years, could both pay back and pay forward that $6 trillion quickly enough. After all, over 90% of Trump’s $1.7 trillion tax break of just a few years ago went to the top 0.1% of the income scale.
Problem solved.
— Will Ozier/Vacaville