The plural of "you" is "you" not "youse"
It's funny, we raised the ceiling 7 times under Bush will little fanfare. Yes, we need spending cuts (military - of course) AND revenue increases. Was the tax on the rich SO bad under reagan and Clinton that there was no Job creation?
The effective tax rate is the lower now than it has been since 1950.
Simple answer to the revenue side:
An analysis the Urban Institute found that raising the capital gains tax for wealthy Americans from 15 to 20.6 percent would reduce the deficit to 3 percent of GDP.
Would this minor tick up even be noticed by them?
Instead let me ask what you think should people be doing to reverse the trend? I feel that my personal story is less likely in the here and now than it was in the 90s.There seems to be evidence to bare that out. I want my daughter to have greater opportunity than I had.
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