How To Heighten Revenue Enhancement Revenue From The Rich Without Increasing Revenue Enhancement Rates

How To Heighten Revenue Enhancement Revenue From The Rich Without Increasing Revenue Enhancement Rates

According to the Tax Policy Center, if nosotros cap itemized deductions at $50,000 together with exceed away on revenue enhancement rates every minute they are today, we would raise $749 billion inward revenue enhancement revenue over ten years.  Moreover, according to the TPC's distribution table, 96.2 pct of the extra revenue would come upwards from the top quintile, with 79.9 pct from the top ane percent.

This may be the germ of a possible bargain betwixt President Obama together with Speaker Boehner: The speaker agrees to this revenue enhancement hike if the president agrees to about telephone commutation reform of the entitlements, such every minute gradually simply significantly raising the historic menses of eligibility for Social Security together with Medicare.
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