{"id":54386,"date":"2023-03-12T03:42:04","date_gmt":"2023-03-12T03:42:04","guid":{"rendered":"https:\/\/highplainsblogger.com\/?p=54386"},"modified":"2023-03-12T03:42:04","modified_gmt":"2023-03-12T03:42:04","slug":"taxes-2","status":"publish","type":"post","link":"https:\/\/highplainsblogger.com\/?p=54386","title":{"rendered":"Taxing the rich: sensible"},"content":{"rendered":"\n
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President Biden’s decision to seek greater tax loads for wealthy Americans makes sense on a couple of levels.<\/p>\n

He unveiled his plan while announcing a proposed $7 trillion federal budget he said would reduce the deficit by $3 trillion over the next decade. Biden wants to protect programs such as Medicare, Social Security, Medicaid and the Affordable Care Act. As an elderly American patriot, I welcome the president’s initiative.<\/p>\n

Taxing those who make more than 400 grand annually? That makes sense too.<\/p>\n

It does because even by increasing the tax burden by a few percentage points will not make rich Americans “un-rich.” They’ll still be wealthy beyond belief. They just will have to pay more to finance the government from which they seek favors.<\/p>\n

Billionaires will still be billionaires.<\/p>\n

Moreover, it makes no sense to realize that working-class Americans pay more per capita in taxes than rich folks.<\/p>\n

Spare me the argument that taxing rich Americans will harm the economy. It damn sure won’t! We’re all in this together, isn’t that right? So, make the rich men and women pay their fair share of taxes and — so help me! — find some method of closing those damn loopholes through which they avoid paying taxes.<\/p>\n

johnkanelis_92@hotmail.com<\/a><\/p>\n\n

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President Biden’s decision to seek greater tax loads for wealthy Americans makes sense on a couple of levels. He unveiled his plan while announcing a proposed $7 trillion federal budget he said would reduce the deficit by $3 trillion over the next decade. Biden wants to protect programs such as Medicare, Social Security, Medicaid and … Continue reading Taxing the rich: sensible<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[7910],"tags":[2505,4522,5214],"class_list":["post-54386","post","type-post","status-publish","format-standard","hentry","category-economic-news","tag-joe-biden","tag-tax-policy","tag-wealthy-americans"],"_links":{"self":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/54386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54386"}],"version-history":[{"count":1,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/54386\/revisions"}],"predecessor-version":[{"id":54387,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/54386\/revisions\/54387"}],"wp:attachment":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}