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With tax hikes on all Americans looming just around the corner, what do you suggest Congress do?
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Restore fairness to the tax code
Aug 07, 2012 Allen Schreiber
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It is past time we return to the ideals that made America great, not continue the ideology that has brought this country to economic ruin. The ultra-wealthy have had a free lunch for far too long now, utilizing this country's infrastructure and services that have been provided to them on the tax paying backs of the ever-shrinking Middle Class. This trend, if it continues, is unsustainable. This is an economic fact. We need to allow the Bush tax cuts for those making over $250,000/yr as individuals or $300,000 as couples to expire, while keeping the tax rates the same for the battered Middle Class and Lower Class wage earners. In addition, many of the tax code loopholes currently enjoyed by the top 2% and Corporations need to be closed, such as deducting a second home, corporate jets, hedge fund manager tax rate perks, etc. The tax rate should annually be raised progressively for those in the top 2% upwards, so that we are back to the rates in effect for the very top earners that were in effect under REPUBLICAN President Dwight D. Eisenhower - 90%! The 1950's saw and economic growth explosion in this country, as the top bracket was forced to INVEST in meaningful things, NOT hide their assets off-shore and stealing that tax revenue from the American People like Mitt Romney and others have been doing for decades now. In the 1950's, a single wage earner was able to make enough to support their family, moms could stay at home and raise their family, social problems and crime were way lower - all because a person was able to earn a living wage and the ultra rich were doing their fair share to pay back and help support the country that enabled them to attain their wealth in the first place, not suck everything and everybody dry like they're allowed to now.

Tax the ultra wealthy, tax them until the rest of the American people have been paid back the trillions that has been stolen from them by the tax scammers who have been aided and abetted by the likes of Terry

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