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Old 08-04-2015, 09:50 AM  
Barry-xlovecam
It's 42
 
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Join Date: Jun 2010
Location: Global
Posts: 18,083
It would take 10 years paying an additional 10% of your AGI income to reduce the national debt to more workable levels.

That might be like $20K to $40K per AVERAGE taxpayer over 10 years.

I am sure a soak the rich policy would be popular among Trump's angry white man voters ... Sort of paradoxical that a billionaire would advance such a policy ... Trump is not advancing this policy today. He is advancing a xenophobic and anti trade policy -- didn't Hoover do that too with Smoot–Hawley Tariff Act of 1930 and made the recession of 1929 become the Great Depression. Populists can set themselves up for a fall. My maternal Grandfather lost the family farm in the Great Depression -- ironic as the farmers wanted these tariffs and Hoover pandered to them just like Trump is pandering toward the 'angry white man' today with his anti-immigrant and anti-trade rhetoric.
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