A modest proposal for a tax increase that both liberals and conservatives will like

[Little-Acorn]

Who says tomorrow's tax rates have to be higher than today's, for there to be a tax-rate increase?

For many years, when debating "spending cuts", politicians in both parties have said things like, "We had been planning to raise spending by 15%, but we've now decided to raise it only 10%. There you go, a 5% spending 'cut'!"

So why can't we do that to tax rate increases?

Simply make a plan to cut tax rates by 20% next year. Wait a month, then announce, "Well, we changed that plan. Now we'll only cut them 15% next year instead. There... we just increased tax rates by 5%!"

Problem solved. Liberals are happy because they get a 5% tax increase. And normal Americans are happy too, because they'll be paying 15% less taxes next year, than they did this year, on the same income.
No, no need to thank me. Happy to help out! :salute:

[aboutime]

Who says tomorrow's tax rates have to be higher than today's, for there to be a tax-rate increase?

For many years, when debating "spending cuts", politicians in both parties have said things like, "We had been planning to raise spending by 15%, but we've now decided to raise it only 10%. There you go, a 5% spending 'cut'!"

So why can't we do that to tax rate increases?

Simply make a plan to cut tax rates by 20% next year. Wait a month, then announce, "Well, we changed that plan. Now we'll only cut them 15% next year instead. There... we just increased tax rates by 5%!"

Problem solved. Liberals are happy because they get a 5% tax increase. And normal Americans are happy too, because they'll be paying 15% less taxes next year, than they did this year, on the same income.
No, no need to thank me. Happy to help out! :salute:



Little-Acorn. If it makes you feel better on this Thanksgiving Day. THANK YOU!

Trouble is. 535 Members of Congress, and the Pretender who lives in the White House will never accept such a Reasonable, Common sense, Logical solution ANY 5th grader could present...with Jeff Foxworthy leading the Cheers.

Reality is. ALL OF WASHINGTON DC is just a SEWER where Good people arrive, and disappear over night.

In other words. There are NO GOOD POLITICIANS who would ever accept such an idea.

There's nothing FINANCIALLY REWARDING in it for them.