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http://www.upworthy.com/trying-to-get-richer-heres-why-you-can-pretty-much-give-up-now
I have no doubt there are excellent reasons for it, but I'm terribly uneducated when it comes to economics.
Can somebody explain to me why a 2 percent tax increase on the top 1% would be unreasonable?
Predictable 'say my point then drown thread in spam' tactic is predictable.
Is that with removing all other taxes?
http://www.upworthy.com/trying-to-get-richer-heres-why-you-can-pretty-much-give-up-now
I have no doubt there are excellent reasons for it, but I'm terribly uneducated when it comes to economics.
Can somebody explain to me why a 2 percent tax increase on the top 1% would be unreasonable?
It would be even more reasonable for the Federal government to shrink and be more efficient. Inefficiencies are the norm. Redundancies are common.
State governments - most, except for a few poorly run states - are getting more efficient as are counties, cities, and other entities. The "closer" a government is to the people, the more fiscally responsible it becomes because the citizens know the people running it. That goes for services, too. This is how government is supposed to operate. It does not exist for practitioners to build empires. It does exist to provide structure, safety, law, oversight, infrastructure, etc.
The Federal government is obese. More than "2% obese. Washington, D.C. is more distant - more removed from reality - than ever. The President absolutely lives large (as did his predecessors). Congress is no exception to that and neither is a very entrenched bureaucracy buoyed by thousands of lobbyists and law firms.
Citizens are no innocents, either, when it comes to a burden on the size of government. They want "theirs", too, and they rely on programs that - though many with decent intent - are simply unsustainable. And everyone knows it but won't say it for fear of losing precious seats.
Instead of asking how much more money can be taken from citizens a better question is why the Federal government cannot shrink and become more like state governments have been forced to do. There are states considering tax decreases and other measures to unburden the middle class. States [run by both Parties] have reassessed what they do and how they do it. So have cities and counties. Meanwhile, Washington, D.C. is in a building binge with far too many lifetime legislators in the Beltway salivating at more, more, more.