Finally!!!

Finally!!! According to Huffington Post, "Rep. Jan Schakowsky (D-Ill.) announced new legislation on Wednesday that would create new tax brackets for earners who make significantly more than the baseline for the current top income bracket."

This is big, great news, and so (of course) has been entirely ignored by the mainstream media so far. It's about time that someone woke up to the fact that we cannot save our country simply by cutting every program that exists.

Tax revenue is absurdly, catastrophically, low right now, and Rep. Schakowsy's bill simply raises the tax levels for the very highest earners. As the New Yorker financial columnist James Surowiecki said, about the tax rates under the Bush Tax cuts, "LeBron James and LeBron James’s dentist: same difference."

So this bill, which affects the middle class not at all, will finally raise the rates on the wealthiest Americans, who have been paying the lowest tax rates for their income level since the Eisenhour years.

The resulting income? 78.9 billion in the first year alone.

Of course, since it's a great, essential, idea, it's probably going to go down in flames, but try to send Rep. Schakowsky you support, and let your representatives know that you support this bill. Thanks!!!

Read more here.