Didn't sanders tax plan involve closing loopholes used by big companies and taxing the wealthy more heavily?
Neither of which would hurt your precious small businesses.
They would hurt the corporate overlords though.
Neither of which would hurt your precious small businesses.
They would hurt the corporate overlords though.
Steve Mnuchin talked about closing these by simplifying the tax code during his senate hearing. This was Ted Cruz primary pitch for his tax plan... and in general on of the staples of tax reform people on both sides of the party.
Bernie Sanders also said he would be comfortable with a 90% top tax bracket too, which completely failed when the socialist party tried to do it in France.
Regardless, the goal should be increasing tax revenue, not tax rates. And the US government already takes in a massive amount of money.
There's probably a million ways for it to be better spent and still dramatically improve the social safety nets and offer public healthcare. Yet whenever these goals are discussed it's always in the context of adding more and more spending.
And re: closing loopholes, the usual result of these efforts such as Obama's various attempts, were to add even more complexity to the tax code. There are many ways to reach a goal. Just because you want lower taxes and a dramatically simplified tax code doesn't mean I'm against social policies.