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Why we REALLY need Bernie
Message
From
13/05/2016 12:01:00
 
 
To
13/05/2016 11:51:21
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Forum:
Politics
Category:
Articles
Miscellaneous
Thread ID:
01636131
Message ID:
01636342
Views:
65
>
>I personally have real issues with local taxes here in NJ, given the level of corruption, and I campaign against them, but I think that federal taxes are too low on the upper brackets and have been for decades.

https://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/mts0316.pdf

I'll summarize: directly from the Treasury Dept, inflation-adjusted federal tax revenues were $1.48 trillion for the first half of fiscal year 2016 (all-time high), but the feds still ran a $461 billion deficit.

Federal taxes are too high. I'm the "friend of the friendless". I think those making a million should get to keep more of what they earn. Making them pay 70%, 80%, 90% - it's about as humorless as McGovern wanting unilateral disarmament in 1972.
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