4 ms·
That isn’t very much money per person and could be recouped in a few years with slightly elevated tax rates, primarily on extremely wealthy corporations and peo
by grumple 6y ago
That isn’t very much money per person and could be recouped in a few years with slightly elevated tax rates, primarily on extremely wealthy corporations and people.
- nly 6y ago"The average federal income tax payment in 2018 was $15,322, according to the most recent data available from the IRS. " So it's doubling taxes for 1 year, or +5% for 20 years. Hardly "slightly elevated tax rates".
- whatshisface 6y agoOnly a fraction of total income is accounted for by all of the incomes equal to the average and below.