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This is the absolute worst scenario of the “Do the right/wrong things for the right/wrong reasons matrix”. This is doing the WRONG THING (rushing a ridiculously massive spending bill to passage without performing due diligence of exactly what is in it and what exactly is necessary … or just “pork”) …, for the WRONG REASON (so Biden look good among world leaders at a global summit). Not surprising at all given the miserably poor leadership America has in Washington DC currently.
Taxing the uber wealthy above and beyond others is also a complete loser. The wealthy can afford and justify paying crafty tax accountants and lawyers to figure out the loopholes around anything that is legislated. Always have always will. The only way to get the funding necessary to pay for these expenditures is to implement a flat tax, 15 or 20% on all consumption, payed by everyone. This will never happen because it would instantly put thousands of tax lawyers and accountants and lobbyists in the unemployment line, and it would eliminate most of the corrupt deal making congress representatives and administration officials engage in to amass greater wealth while in office. Congress will never vote to flat-line their own wealth accumulation machine.
Not to mention that 61% of Americans paid no taxes last year according to the Tax Policy Center reported Aug 18th by CNBC. It’s an interesting article on who’s actually paying or not paying and why. https://www.cnbc.com/2021/08/18/61percent-of-americans-paid-no-federal-income-taxes-in-2020-tax-policy-center-says.html