commission's final deficit report
here's an idea:
how 'bout if we just tax according to ability to pay for a change?
to clarify: payroll taxes are regressive. they tax low and middle incomes way more than high incomes. if we just paid for social security and medicare out of general income tax revenue using a high standard deduction with no loopholes, those who can afford to pay more would pay more.
the usual objection to doing that is that the rich would never get it all back, so it wouldn't be fair. my heart bleeds! what about all the poor folk who die too young to get it all back? ever think of them?
i doubt it.
1 day ago
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