How much of a problem are trillion-dollar deficits ?
We are always assured that as a percentage of our GDP, it isn't that much? So Washington keeps spending and keeps giving trillion-dollar taxcuts to the wealthy.
Should we be trying to pay down the debt? Soon, if not already, the interest on the national debt will be the largest expenditure in our budget. Who gets that money?
Would it be wise to have the wealthy pay more taxes to create a more fair system of taxation and to lessen the threat of runaway deficits?
Should Democrats continue to accept the present tax system, as they have since Reagan? Under Clinton, the absolute top rate would only pay 39%. It is actually much lower now.
What should be the tax policy for the Democratic Party? Should we be calling for a more progressive tax policy, much like AOC and a few others are calling for?
