The problem is not taxation it is spending. IMHO everyone gets a tax credit on $50,000 a year a person. In other words no one making less than 50K pays anything. A family of 4 making 250K a year ays nothing.

After that threshold, the tax should be 2% for every 50K a year. No deductions, no write offs, no Sllozzo tricks. This
would be capped at 10% of total income for all Americans or dependents making up to 2 million a year.

Anyone making over two million a year pays 10% of each dollar he/ she makes over that amount. A percentage of this money would be allocated toward social cecurity and medicare, and hopefully a national health plan. Some other per centage should be alllocated to pay the national debt.

Until the country is debt free, by constitutional amendment there should be no new spending programs (by new I am not including defense, repairs to infrastructure...but instead no new programs) without a 2/3 vots of both houses of Congress.

Its simple, it spares the middle and upper middle class, and anyone making more than 2 million a year can go pisss and moan about paying 10%.

Estate Tax should exempt all real estate, and there should be a 15% tax on all other assets where an estate is more than 20 million dollars.


"Io sono stanco, sono imbigliato, and I wan't everyone here to know, there ain't gonna be no trouble from me..Don Corleone..Cicc' a port!"

"I stood in the courtroom like a fool."

"I am Constanza: Lord of the idiots."