Blake Allyn
VIP Member
- Mar 17, 2017
- 295
- 25
No we need to collect more in taxes from the wealthy and use the revenue for programs for the poor and middle class By doing so they will be able to spend more and the economy will grow.We need to collect about a trillion dollars less in taxes and cut the federal budget by nearly $2 trillion.
Any thoughts on how we are going to pay off our $20 trillion debt?
The debt for the time being isn't so bad for the economy.
Who specifically are the wealthy, and how much specifically should we collect from them?
Start by closing the loopholes that allow wealthy individuals and corporations to evade taxes. With that new revenue use it for single payer health care and creating a free public college system. The added revenue and less debt of these groups will allow them more spending power.
The definiton of wealthy should bend depending on the cost of living of the area one lives in. What I am referring to is the top 1% irregardless of absolute figures.
The best way to build an economy is spending directed at the middle and poor class.