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What's so special about our current tax rates that you're making this claim? Because if you believe that higher tax rates don't yield more tax collected, why not argue for tax rates to approach 0%? So either you're couching your real and unpopular opinion like I described in my first comment or you're claiming that our tax rates are optimized for tax collected.
All-in the US governments spends $2,700 billion per year on seniors which is nearly triple the defense spending.
It would take nearly 40 years to pay it off at that rate. But if we save for 49, a Jubilee of Jubilee years, we could essentially wipe out all debt in this country.
Real pie in the sky fantasy stuff to think people could follow an “eat your vegetables” tax and budget plan for 40+ years and also accept what is ostensibly a massive property tax hike, the least popular tax ever.
And inefficient land uses would be taxed out and others who would more productively use the land could take over.
But this is a pure fantasy scenario to start with because of the millions of people in the suburbs who already hate the concept of property taxes and whose land use directly would be impacted by such a tax.
For Example: Republicans when Obama was in Office, Democrats when Trump is in Office, Republicans when Biden is in Office
It’s been like 2 decades of both parties complaining and then doing nothing about it once they gained power.
Therefore voting for either party isn’t going to result in an actual decrease, because there is no serious party in the United States that is objectively trying to reduce the deficit.