We could cut it in half again. Or bring all of the poverty-stricken children out of poverty. Or we could send to college all who are qualified and want to go. We could afford any or all of these. The result would be to increase productivity, raise the quality of life, and make all of us feel better about our country.
Many facts determine the amount of taxable income.
Among others are the taxpayer's lifestyle and spending habits for such items as charitable donations, mortgage interest, medical expenses, etc. The facts clearly show that lower-income taxpayers get a better break than the wealthy ones. If you don't like your income level, get a different job or make better investments. In late March, I was invited by Brig. Gen. Ron Crowder, commander of the Colorado Army National Guard, to spend four days in Honduras with members of C Company, 109th Area Support Medical Battalion, stationed in Montrose.