Earlier quoted context omitted.
Here are the official spending numbers[0]. The largest categories are: * Social Security * Medicare * National Defense * Interest payments * Health * Income Security * VA Benefits Which of those categories are we overspending on? Which specific cuts do you want to make? It's impossible for one to claim they're serious about saving money without talking about slashing Social Security, Medicare, and the military, which…
What gives you the impression we don't tax the rich? The American middle and lower class are the least taxed individuals in the developed world. The upper classes, especially given a disproportionate percentage live in places like NYC and CA, are carrying EU-levels of tax burden already. I'm certainly open to changing how things like dividend income are treated, but the rich don't have enough money to solve our budge…
And?
They can afford more, and taxation is a way to reintroduce actual risk of financial ruin for the wealthy. If financial ruin is a good motivator for the rest of us, it should be for them, too.
It's not about percentage, it's about the reality that taxation brings about for you. When you have a net worth that's equal to the entire economic output of a major American city, you can endure massive tax bills because you make enough off of your holdings to equal the average lifetime earnings of dozens of Americans.