Politicians are nickel and diming the income tax thesedays. What they should be talking about is a Wealth Tax for the obscenely rich. The obscenely rich are holding onto money that is enough to feed a billion people everyday for 100 years. After a certain limit of personal wealth, the wealthy needs to be taxed for the wealth they possess, not just their income.

The biggest problem in the world is created by lack of money because a handful are holding more than 70-80% of the wealth. Why does one individual need $50 billion (Bill Gates). Governments need to start the wealth tax so that others have a chance at life on earth too. I mean what are you going to do with let's say anything over $100 million?