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A comment on Will America's debt doom us?. Parent comment

Re:Will America's debt doom us? by nikofeyn on Monday September 23, 2019 @01:33PM (#21051225)
> How much would taxes have to go up (because spending can't go down, right?) for citizens to contribute their fair share of paying down the debt?

this seems like a weird statement. what is "fair share"? i am a middle class person with a job with fantastic benefits, yet i easily pay over 30% in taxes (probably closer to 40% if one really counts all the "hidden" taxes) and still have to put up with shit infrastructure, terrible public transportation, expensive non-public transportation, expensive insurance, etc. at what point is it considered that i and others are paying our "fair share"?

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Re:Will America's debt doom us? by GcVmvNhBsU on Monday September 23, 2019 @01:59PM (#21051554)
A fair share (to me) includes progressive tax rates on estates, capital gains, and wealth. Thomas Piketty’s Capital in the Twenty-First Century is a good resource. https://www.hup.harvard.edu/catalog.php?isbn=9780674430006
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Re:Will America's debt doom us? by onlyrealcuzzo on Monday September 23, 2019 @02:13PM (#21051729)
Also progressive corporate taxes might be enough to stop monopolies.
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