Think about it. War is not cheap. anytime we enter a war (ie Iraq) initiate a special war time tax to cover expenditures.
The only people exempt from the taxes are those serving.
The tax would work this way.
Anyone earning 50K would pay a 3% extra tax for war costs.
100K 5%
200K and above, 10% war tax.
And a special war tax on capital gains, as well. any capital gains over 30K pays a 10% war tax.
If you are part of congress you pay an additional special war tax of 5% in addition to the standard war tax.
I am not for taxes but we should not borrow money to wage wars. If Americans are gung ho for permawars etc.. then Americans need to pay the fair cost of this war and not pass it on to their children.
When the war ends, the tax ends.
The only people exempt from the taxes are those serving.
The tax would work this way.
Anyone earning 50K would pay a 3% extra tax for war costs.
100K 5%
200K and above, 10% war tax.
And a special war tax on capital gains, as well. any capital gains over 30K pays a 10% war tax.
If you are part of congress you pay an additional special war tax of 5% in addition to the standard war tax.
I am not for taxes but we should not borrow money to wage wars. If Americans are gung ho for permawars etc.. then Americans need to pay the fair cost of this war and not pass it on to their children.
When the war ends, the tax ends.
