Still a potentially useful cudgel. Which is what the Dems should be using it as. It should be relatively simple to explain that the median American is paying SS taxes on all of their income and rich americans aren't.
Mookie’s tax is a winner.
ss tax on all income
flat tax of 40% with $200k exemption
all income is income
for decades repubs have wanted taxes to be able to be done on an index card. That time has now come. Income tax for morons. No more forms for this and that. No more need for mortgage deductions here and there. This or that.
repubs love use tax. So from this day forth there are two budgets. Defense spending is a use tax for corporations who benefit from keeping the US and western democracies open for business. They pay their income tax to build the defense conglomerate.
uS taxpayers fund the rest. Corporates fund defense (and until it’s paid off deficit spending as that is why it’s there).
both budgets should be balanced now (more mookie republicanism)
if the individuals fund in a surplus, it gets refunded back to taxPAYERS. So if you make $185k and don’t pay into general fund, you don’t get a rebate.
ss fund is allowed to run a surplus as it is savings. This fund can also now properly distribute out to retirees and allow them to die out above the poverty line.
all these are things that a voting majority of voting fucking voters will get behind. Of whom much is given, much is expected. Business owners benefit from govt spending with educated workforce and infrastructure. No reason they can’t keep 60 cents for every $ earned over $200k. Federal govt shouldn’t be spending a fuckload anyhow. mookie can see that 40% on individuals decreasing over time. Kick spending (and taxation for things people need) back to states and their tax rates (state’s rights!!!).
