Some things that I have not seen on any of these threads....
How much should "the rich" pay? Pick a number.
Assuming that number becomes law, how much additional tax revenue would be generated?
Assuming that we now borrow $.40 of every dollar spent, would the additional revenue be enough to close that gap to 0?
If not 0, what is plan B for getting it to 0?
I don't know that taxing "the rich" would have much of an impact on our budget problem. Is it just a class warfare feel good game, or would it really have a material impact on the budget?
I haven't heard ANY proposals from the left for any material spending cuts. Again, if you get your way and "the rich" are taxed at higher rates, where do we go if it is still not enough to close the budget gap?