Go ahead and listen to that idiot Schumer. Nope, he has no ax to grind at all. Wow, some folks are just plain stupid.
Quit worrying about tax breaks for other people. If you need the rich to sustain you, then you are admitting that the rich are better than you. The point to giving tax breaks is to stimulate the economy. History says it did for Reagan and Kennedy. Tax revenues doubled, even though spending tripled. Remember, it was your Pelosi that said welfare and food stamps was good for the economy. If you can believe that dodo head.
Taxing the rich at a higher rate than the rest of the country is discrimination. Something that is supposed to be unlawful in this country. The only tax that is fair is a flat tax for all folks OR a federal sales tax. Taxing one group and not taxing another is a form of discrimination.
Many wealthy under the newly proposed tax would pay more due to the doing away of many tax loopholes and deductions. Apparently, that is not enough for the left. They want the rich to be punished for their success.
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