Biden’s $1.5T 2022 budget includes 16 percent domestic spending boost

The proposed corporate tax increase would still leave the tax level below what it was when Trump took office. So it's not even an increase....it's still 7% below what it was and just undoes some of the insane tax cuts that were put in place recently.

Capt Chris McVeigh - Always with the "But Trump..." So what if the corporate tax rate won't rise above what it was before President Trump lowered it. My original post stands. Increasing the tax rate will lower tax revenues, and the ultimate effect of the infrastructure spending (really mostly pork) will devalue the currency now in circulation

SGT Charlie Lee - Yes, Capt Chris McVeigh is correct, but his response is meaningless. (Refer to my response to him)

I'm not sure how you saw that as a "but Trump". I was referencing the last large scale revision of the tax code which is directly relevant to the discussion. Also, saying raising taxes would lower revenue is factually wrong. How much revenue is generated from a 0% tax? Nothing. Therefore, some level of raising taxes is good.

There have been arguments made that raising taxes to high does decrease revenue but we are currently in a very low tax era (again why I brought up the recent changes).

Also just a note on the borrowing...our debt is already trillions more than this so he could in fact borrow it (though personally I'm in favor of bringing spending more in line with revenue instead). The federal government hasn't had a surplus since 2001 so we've literally been borrowing since then. Globally, there is a huge level of confidence that the US will repay all debts. We have never defaulted.

Hopefully not

Capt Chris McVeigh - Equal protection under the law, except if you earn more, then you don't deserve equal protection? Got it.

SSgt William Quinn Equal protection? What on earth are you talking about. Are you saying the government leveling income based taxes is a constitutional violation? The system we have used for the last 160 years in this country?

Capt Chris McVeigh - Equal protection, you earn more so you are penalized more. Thats not equal. sorry. That has been one F'd up unconstitutional rule for 160 years. 8% for everyone, weather you earn a dollar or 5 billion, that's equal protection.

https://www.americanthinker.com/articles/2011/10/is_a_progressive_tax_constitutional.html

SSgt William Quinn But the tax does apply equally to everyone. Some people just happen not to make enough for it to come into effect.

I own a house, is it a violation of equal protection that I pay property taxes while someone without a house doesn't? No. They just happen to not currently be in possession of an asset to which the tax applies.

I also equally owe my share of all money over each progressive amount. If I happen to not aquire that property, I don't owe the tax.

If we are treating money as the equally protected property, a counter argument to your article is to treat each tax bracket as a different set of property. All those in possession of each type of property are equally subject to a tax on it.