#deficitsolution — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #deficitsolution, aggregated by home.social.
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🚨 New proposal: a 90 % surcharge on any U.S. income above $761 k (the “Essential‑Living Threshold”). It hits only the top 1 % of earners, leaves the bottom 99 % untouched, and could raise ≈ $1.44 trillion / yr—enough to wipe out the $33 trillion federal deficit in ≈ 30 years. The plan bundles tight reporting rules, anti‑avoidance safeguards, and a 20 % credit for investments in housing, clean energy, and job training. #FiscalReform #TaxPolicy #DeficitSolution