It's the least painful way to do it...
Posted on: February 1, 2023 at 13:28:43 CT
Gyro MU
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You raise capital gains rates (historically low at the moment) to 1990's levels when Republicans were perfectly fine with where they were. You lower the estate tax exemption and raise the rate. Wealth tax.
Much of the tax increases are closing loopholes.
There's no way around some tax austerity if someone is actually serious about balancing the budget AND lowering the national debt. Anything else is just talk.