How do we fix the deficit?
Simple, a 10% Sales Tax on all stock exchanges.
They trade/sell $117T annually on the NYSE
A 10% Sales Tax would yield $11.7T annually to the US Treasury
That covers these $7T Budgets and leaves $4.7T to pay down the debt. Even Scott Bessent couldn't piss away that much money if he tried.
Next thing you know,...
How do we fix the deficit?
Simple, a 10% Sales Tax on all stock exchanges.
They trade/sell $117T annually on the NYSE
A 10% Sales Tax would yield $11.7T annually to the US Treasury
That covers these $7T Budgets and leaves $4.7T to pay down the debt. Even Scott Bessent couldn't piss away that much money if he tried.
Next thing you know, billionaires are paying their fair share, and you don't need an income tax, since billionaires don't pay income taxes anyways.
Then we can afford Universal Healthcare for all and even pay tuitions for the next generation to learn how to become doctors.
If I can pay 10% on a can of Coke, they can pay 10% on a share of Coke.
And before any of you clowns start defending billionaires 'leaving' and taking their money with them, the NYSE is the highest payout you can get on the planet, and these criminals will just write the tax off as a business expense.
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