A majority of Americans support raising the top tax rate to 70 percent

Re:A majority of Americans support raising the top tax rate ... by r_smart on Wednesday January 16, 2019 @03:26PM (#18924760)

Imagine how much the conversation would shift if we instead focused on increasing tax revenue, rather than increasing tax rates.

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Re:A majority of Americans support raising the top tax rate ... by rbritton on Wednesday January 16, 2019 @03:42PM (#18924946)

An alternate shift could be to focus on decreasing expenses. There is A LOT of bloat in the US budget, but it's rarely ever even referenced because so much of it is political poison to some subset of constituents.

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Re:A majority of Americans support raising the top tax rate ... by r_smart on Wednesday January 16, 2019 @05:57PM (#18926388)

I completely agree. I was just trying to avoid getting up on a soapbox :)

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Re:A majority of Americans support raising the top tax rate ... by jandrese on Wednesday January 16, 2019 @03:58PM (#18925127)

Or decreasing the deficit? Last time we managed to balance the budget was under Bill Clinton.

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Re:A majority of Americans support raising the top tax rate ... by r_smart on Wednesday January 16, 2019 @05:59PM (#18926405)

I completely agree. And as far as I know, the Clinton balanced budget was kind of a red herring. I'm sorry I can't remember where I had run into that. Doesn't change your point, and at least it was something they considered useful as a political goal. Unlike now.

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Re:A majority of Americans support raising the top tax rate ... by jandrese on Friday January 18, 2019 @02:02PM (#18941882)

Clinton was definitely riding a bubble, but at the same time he didn't introduce a giant giveaway to billionaires the same way Bush Jr and Trump did. So it's not so much that he created the situation as he didn't screw it up.

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