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by BeetleB
2713 days ago
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I think the real issue is it's easy to find people who like high taxes, as long as it's applied only to people much richer than they are. It comes off as a lot more sincere if people advocate for an increase on their own tax burden. The amount of revenue this will raise is rather low, compared to increasing the tax on, say, the middle class. You'll gain a lot, lot more if you revert the recent tax reduction on the middle class. I just looked at my numbers, and I thought my taxes wouldn't be impacted (high state income tax and real estate tax that can no longer be deducted). But even I saved quite a bit with the recent tax cuts. I obviously don't have a problem taxing people who make over $10M. But if I had to choose, I would instead revert the current tax cuts, even thought that would raise my tax burden. |
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