Meanwhile, democraps want to spend 93 trillion on green deal, eliminate air travel and beef, which are major markets, without which would cost several trillion more in lost revenue and displace hundreds of thousands of jobs...馃檮
@wildbill83 The cost estimate I see from CNN in an article dated Feb. 14, 2019, is $1 trillion. As for jobs, it would be replacing one type of jobs for another. When fossil fuel production goes down, renewable clean energy production goes up. Railroads reduced use of horse-drawn wagons in the 19th century, petroleum replaced whale oil, cars and air-travel reduced railroads. Technology and the economy has changed in the past, it will change in the future.
@HoraceGreenley The Trump administration has proposed a $750 billion military budget. This is more than the next top ten military powers in the world spend COMBINED. Trump has proposed a hugely expensive border wall, costing $5 to over $25 billion. How are we going to pay for that if we greatly cut taxes? Will we drastically cut spending for infrastructure, education, healthcare, social security? That would be stupidly short-sighted and end up costing us much more in the future.
FYI The super wealthy pay a much lower percentage of their income in taxes than ordinary Americans. The super wealthy have off-shore tax havens and all kinds of other loop-holes that greatly reduce their tax burden.
@badminton 1. $750 billion is not enough for the military 2. The Federal Government spends about $4 trillion. Even $25 billion is a drop in the bucket. 3. 2017 payers
Top 1% pays 40% of the taxes Top 5% pays 60% Top 10% pays over 70%
