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Forum Post: White House proposes a federal income tax for all income levels.

Posted 12 years ago on Feb. 13, 2012, 7:12 p.m. EST by foreeverLeft (-264)
This content is user submitted and not an official statement

Should everyone have "skin in the game"? Is a minimum federal income tax appropriate?

http://www.weeklystandard.com/blogs/white-house-economic-adviser-we-need-global-minimum-tax_626749.html

4 Comments

4 Comments


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[-] 1 points by HitGirl (2263) 12 years ago

I think he misused the term "global." It's my understanding that the Buffet Rule only applies to those making a million dollars or more.

[Removed]

[-] -1 points by asauti (-113) from Port Orchard, WA 12 years ago

The government already has the ability to print all the money it needs to spend. Why would they then need to tax us to get even more money?

[-] 3 points by gestopomillyy (1695) 12 years ago

the government does not print money. a private bank called the federal reserve prints money and then lends it to the government with interest . again.. the government does not have the power to print money.

[-] 0 points by asauti (-113) from Port Orchard, WA 12 years ago

Yes, I am aware. I posted the simplistic question in the manner that I did in hopes to get others to think about a possible answer.