Democrats Seek To Raise Taxes On The Richest

 

My question to Republican legislators; do you accept the reality that infrastructure ages and falls into disrepair? Assuming you answer truthfully, who do you think will pay for replacement and repair? Surely not individual states. So where will the federal government get the money to fund this essential rebuilding?

Yes, the government can borrow, indeed, quite cheaply at today's rates. but most legislators (and voters) prefer that improvements be paid for from the government's revenue stream. That revenue stream derives from some form of taxation whether on income, consumption, estates and corporate profits, or some combination thereof.

Democrats say raise the income tax on the wealthy and large corporations. Republicans favor raising sales taxes and keeping the tax breaks for millionaires in place. Sales taxes, including taxes on fuel, are paid primarily and overwhelmingly by the average consumer and only minimally

 impact the wealthy.

So what is the fairest and most equitable means of financing the rebuilding of the nation's infrastructure? By putting the cost on the working stiffs, stagnating their economic progress, or by more heavily taxing the rich whose lifestyle will remain unchanged and large corporations who are most benefitted by a rebuilt and modern infrastructure? You decide.