S!ayer on Nostr: As it stands, the USA has a deficit each tax year. In other words, less tax is being ...

As it stands, the USA has a deficit each tax year. In other words, less tax is being collected each year.

So it's not sustainable to tax lower income earners without taxing them more.

For instance a tax of 1% on a billon is substantially higher than 1% on 150k, this they have to do like 20% just to mitigate the difference.

Idk how he plans on not taxing the rich and the poor..