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Would you be ok if federal taxes were raise over 50 percent? Do you believe this would help our economy?
9 Answers
- Anonymous5 years ago
That's really not necessary. In California, the people agreed to raise taxes a few dollars a person. They got out of the debt that Arnold left them with and are now rolling in money. The government just gave an additional billion to education. And they have the lowest unemployment rate in the country- around 2%. That's what happens when people work together instead of being greedy and selfish.
- Queen of ShebaLv 65 years ago
No way!
That will turn tax payers into slaves of the state. In fact Obama's supposed Kenyan father, a communist, believed people should pay 100% to the governnent. He thought common people should just get a place to live and food stamps for work assigned to them by a fascist government. In other words, a slave nation.
Trump wants to get rid of minimum wage. So people who are entrepreneurs can hire more people but more people can run snall businesses providing lots of jobs.
The cure is for everyone to boycott corporate busesses and patronize mom and pop owned stores. Spread the wealth around America. BROADEN THE MIDDKE CKASS.
We need to get rid of the Federal Reserve Bank. Currency at least. Now, 😧 money is debt. That put us in debt. Then we borrow more money to pay back our debt. We pay interest on that money. Woodrow Wilson is to blame. He empowered The Federal Reserve Bank, a private banking institution, which we must dis-empower.
- ?Lv 75 years ago
No it would hurt it. Raising taxes on people paying taxes is bad but forcing those who earn high incomes to pay taxes is what is needed. Go after wall Street hard and tax the crap out of them they make monies off of nothing but being in the room.
- Mr. SmartypantsLv 75 years ago
Probably not. But just building up a bigger and bigger debt won't help our economy either! And of our now $19 trillion in debt, $13 trillion of that came under just the last three REPUBLICAN presidents. You know, the ones who swore they'd balance the budget?
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- TheKittenLv 75 years ago
Depends on whom. Instant wealth confiscation from billionaires would help immensely, if only to control inflation, at an inconvenience to very few people.
- 5 years ago
My taxes would then be 100% of what I make. The only recourse would be for me to quit working and go on the dole.
- KathyLv 75 years ago
No, because people will have less money to spend, so they can't buy as much, which means less orders to the companies that make the stuff.
- Warren TLv 75 years ago
IT WOULD BE BAD FOR THE ECONOMY AND THE ODDS ARE GOOD THAT LESS TAX REVENUES WOULD BE COLLECTED