This thread has gone some 12 pages just since I last asked for input. I'm too tired to get into it in great detail right now.
My problem with the discussions on taxing all transfers of wealth or death taxes or wherever people are looking for it and focusing on the wealthiest is that it smacks of communism. This large group can pay a little more to make it seem better, but this small group can pay WAY more, so lets hit them if they have too much for the good of the many. We have a $15 trillion debt, a $1.4 trillion deficit, and are spending $3.6 trillion right now. That's a little over $10k for every person in the country a year.
Somehow with this incredible spending, we are ranked 18th in education, our healthcare rating is dropped, we are downgraded in S&P, outsourcing labor is cheaper, and we are in a recession. I'm not getting into the source of each of these because of the great lengths each one can get to.
If you want to start hitting the wealthy in even more ways even though throwing money at the problems has done nothing but make them worse, you are going to end up with one last chance to tax them. That will be on their way out of the country.
Finding ways to dig at the wealthy for more money is not the solution I think we should be looking at here. Making a cheaper, more efficient government should be the first priority by miles. Exacerbating the problem by giving more money to the government hasn't helped in the past. The only way I would support an increase in taxes is if the government learns to live off what it has now and that money goes only to paying off the incredible debt it incurred failing us up to this point.
Omniscience just sucks without omnipotence!
"On Monday the Organization for Economic Cooperation and Development released a massive 400-page report surveying the state of inequality around the world. The report, United We Stand: Why Inequality Keeps Rising reaffirms that inequality is now rising not just in the United States, but globally. Still, it’s the United States that leads the way.
"The new OECD report is particularly harsh on the United States. The U.S. has higher levels of inequality than any other developed country. Among OECD member states, only the two poorest — Mexico and Turkey — have higher levels of inequality."
United We Fall: Inequality on the Rise | Inequality.org
Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb
But the problem is on both the spending and revenue sides of the equation. It's only logical to address them simultaneously. This "first let's do this" deal is a common refrain from the Right. First let's seal the border, then.... First let's cut taxes, then.... First let's cut spending, then.... These are most often dodges where "then" means "never."
“If we must have an enemy at the head of Government, let it be one whom we can oppose, and for whom we are not responsible, who will not involve our party in the disgrace of his foolish and bad measures.”
- Alexander Hamilton. Spiritual father of #NeverTrump