Can we make America great again without higher taxes?

Since Reagan we have moved to more and more regressive taxes.

Our tax laws promote poverty.

In the US:

The richest 1 percent now owns more of the country’s wealth than at any time in the past 50 years.

The wealthiest 1 percent of American households own 40 percent of the country's wealth, according to a new paper by economist Edward N. Wolff. That share is higher than it has been at any point since at least 1962, according to Wolff's data, which comes from the federal Survey of Consumer Finances.

From 2013, the share of wealth owned by the 1 percent shot up by nearly three percentage points. Wealth owned by the bottom 90 percent, meanwhile, fell over the same period. Today, the top 1 percent of households own more wealth than the bottom 90 percent combined. That gap, between the ultrawealthy and everyone else, has only become wider in the past several decades.

In the United States, the distribution of that wealth is even more skewed toward the top than the distribution of income.

The top 20 percent of households actually own a whopping 90 percent of the stuff in America — 90 slices of pie! That's exactly 4½ slices per person, nearly triple their “ideal” share according to Norton and Ariely's survey respondents. Their average net worth? $3 million.

That leaves just 10 percent of the pie for the remaining 80 percent of the populace. The next 20 percent of households (average net worth: $273,600) help themselves to eight slices, while the middle 20 percent ($81,700 net worth, on average) split a measly two slices.

Don't go feeling too sorry for that middle quintile, though — at least they get some pie. The fourth quintile of households gets literally nothing: no pie. But they're still doing better than the bottom 20 percent of households, who are actually in a state of pie debt: Their net worth is underwater, meaning they owe more than they have. Combined, the average net worth of the bottom 40 percent of households is -$8,900.

https://www.washingtonpost.com/news/wonk/wp/2017/1...

Republicans gave the rich more than 80% of the tax cut, increased the deficit, and will claim the government does not have the money for social programs.

Bull sheet.  

If your under 35 you’ll probably not know a term back in the 80’s called reganomics. That’s when we are not flooded with government workers and more importantly taxes where so low, that the economy began doing so well that despite lower taxes the government was actually making more money. What are we doing now? Hiring as many overpaid government jobs as possible and taxing the rich ever more and more. That seems cool if your not rich the only problem with that is most all jobs come from the rich, so when you choke them they begin giving Puny raises and they  drop jobs instead of creating new ones.  

Denmark actually isn’t a Socialist country.

Elect Tulsi.

Am sure she'd be a Trump #2. Just on the Dem side.

It is clear that the party of low taxes is also the party of government spending. They cry and cry but do nothing about defense spending because there is no limit and the military industrial complex has insured nearly every congressional district has something to lose with defense cuts. They cry and cry but do nothing about social spending, because their entire base is dependent on or counting on that largess. The cry nothing about corporate welfare, because that is the actual business they are in to serve. So as long as they can keep their base and the corporate lackey's happy they will vilify those they judge unworthy as takers and cheats. So no, their plan to 'make america great' has no chance. Taxes need to be higher - but not any higher than the rates of the late 90's which paid all the bills and still left room for explosive economic growth.

We cannot make America great again with higher taxes.

If you recall the Boston Tea party where America was founded on a no taxation without representation principal.

Education and infrastructure are failing us because of decades of establishment politicians more interested in feathering their own nest than the public.

No one paid those 90% tax rates of the 50's because there were tons of tax deductions.

Time to vote out the big spending politicians and abolish all public employee labor unions which are bankrupting cities.

Plus I would like to know how much more you would prefer to pay in taxes, humpty?

Not anymore. In the postwar years America had 80% of the nation working. Our country was being built. The newly returned GI's needed housing, stores, roads, schools ect. The middle class was born in those years. And actually the highest tax rate in the 50's was 91%. But the top 1% only paid 42%.The higher taxes actually went to public works projects. Now our taxes go to social programs for people to explore their sexuality. Or dabble in art projects. 48% of the country doesn't want to work. We have to stop these programs and incentivize people to go to work. Not rely on government handouts.

My wife and I are already in the highest tax bracket which is 37%. How much more do you want us to pay for those that won't help themselves?

We could make it even greater without Democrat idiocy.  

Yes and cut spending.

Bring back the 90 percent estate tax. If you want wealth, earn it. Don't expect to live off of grandpa's money.