Since Congress is split on whom and how to tax Americans to
reduce the deficit, I say, revert to one of the basic tenants of Capitalism.
Think Supply and Demand economics.
As the overwhelming supply of money is in
the hands of the super rich, and the demand to reduce the nation's deficit by
increasing revenue exists, then it appears that the answer is easy.
blue-blooded Capitalist worth their Swiss-account would surely support the
government embracing Supply and Demand economics to generate the needed tax
But wait, that means reverting to a higher tax rate for the super rich. Surely that cannot be fair, can it? Suddenly, Supply and Demand economics doesn't seem all that attractive anymore. However, perhaps from their perspective, the Supply side refers to the 98 percent of Americans paying to reduce the deficit while they continue to promote the fallacies of trickle-down economics.