- Joined
- May 22, 2012
- Messages
- 104,338
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- Location
- Uhland, Texas
- Gender
- Male
- Political Leaning
- Libertarian
If you really want to reduce the Federal debt (even though our huge unpaid debt from WWII proves we don't really need to pay it down) the only logical and fair way to do it would be a 30% wealth tax on estates of the top 10% or so. It was the tax cuts that made the debt so the ones who benefited from them the most should be the ones to pay it back. David Stockton has proposed just that.
https://www.pbs.org/newshour/economy/david-stockman-were-blind-to-t
That sounds like as good a plan as any but I doubt that 'our' congress critters will go after their donor class in order to do so.