This was a fantastic idea that I heard a caller propose on a radio talk show today.
We can show Congress how hard it is to get by with what they leave us after taxes by giving them a taste of their own medicine: we start taxing all of their fundraising money as income. So when they raise their millions to get reelected (and let’s face it – their main day-to-day job is raising money to run again) they pay 33 percent taxes on it. Or maybe we go with what the hard-left wants for their perceived ‘evil rich’ people and make it hugely progressive. Maybe we have a top bracket of 60 percent.
How does that taste, you bloodsucking political parasites?
I really like this idea.