We have the record of quarterly Federal tax revenue online. Find them and read them. Compare them to the effective tax rate at the time."Tax cuts grow the economy"
The biggest lie told to the American people like "Trickle down economy".
Why do you continue to believe that economic sleight of hand?
Fiscal sanity has nothing to do with trickle down economy or any other economy for that matter.
Wealth of the 1% is fundamentally in stocks. Force the sale of stock and it crashes the value of the stock. Many not so wealthy have their money in that stock. You'd diminish a far larger chunk of wealth than even the 1% have if you did that. 50% of Federal tax filers pay no tax and many in fact receive money they never put into the system.
When are you going to start to pay your fair share?
The top 1% of Americans earn about 20% of all income in the U.S., but they pay nearly 40% of all federal income taxes.
The new data shows that the top 1 percent of earners (with incomes over $540,009) paid over 40 percent of all income taxes. ... The top 10 percent of earners bore responsibility for over 71 percent of all income taxes paid and the top 25 percent paid 87 percent of all income taxes.