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travis said:
Just pay normal tax rates like everybody else in the developed world (and cut the goddamn tax breaks to the millionaires and billionaires) and stop threatening the global economy because of your stupid ideology. Infrastructures are collapsing in the US, middle class is poorer that it was a few decades ago, your social mobility is terrible. Plus war in Iraq was the biggest mistake ever, the best exemple about what so wrong with this country.

But no, people will go on with things like tea party and paranoia about the government and so on.

Here's the thing you probably don't realize.

Normal tax rates would increase the tax rate for pretty much everybody in the US....

and it would increase the least for the rich.

The US actually has the most progressive tax system in the world.

It's just we don't spend that money very progressivly.

 

Normal tax systems in most europeon countries actually end up being regressive, do to high VAT taxes and other indirect taxes being placed on consumer.

http://www.washingtonpost.com/blogs/wonkblog/wp/2013/04/05/americas-taxes-are-the-most-progressive-in-the-world-its-government-is-among-the-least/

http://www.theatlantic.com/business/archive/2012/02/us-taxes-really-are-unusually-progressive/252917/

 

I mean, you could argue you need more taxes for a more progressive system I suppose.  I'd think it'd be nice to try it before doing so though.