shira
Diamond Member
- Jan 12, 2005
- 9,500
- 6
- 81
The overwhelmingly vast majority of US Earners are not millionaires... ergo, any taxation revenue garnered from the millionaire is pittance compared to the revenue from the rest of the earning citizenry...
What makes sense is to insure there are a plethora or earning capacity amongst the entire population... Jobs!
Institute a program to provide massive earning capacity to the US Earner and all the issues will be solved in the US... The rest of the world will be a bit ticked off since such a program will not be in their best interests but it will sort our issues out... I personally don't much care if folks don't have a high standard of living in India when we've folks here starving.
Seems to me it is an issue where we need considering our citizens first and let the world deal with their citizens as they may...
Actually, millionaires (and billionaries) pay a substantial share of the total income tax collected. But as a percentage of the total income they earn, they're paying much, much less than they did decades ago, when our country experienced its greatest growth, contrary to what right-wing ideologues would have us believe.
