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I've advocated a proportional tax system. You make $10 billion, you pay a billion. You make $10, you pay one. And everybody gets treated the same way.
People have been savaged by a predatory economic and political system, and some are turning to Trump. Unfortunately, Trump is just more of the same.
America's grossly unfair tax system won't lead to class war. Or, if it does, the war will be brief.
We all know what the problems are: it's tax and spend. One party will tax and spend, the other party won't tax but will spend. It's both of them together.
The purpose behind terrorism is to instill fear in people - the fear that electrical power, for instance, will be taken away or the transportation system will be taken down.
There's 2 million Palestinians that govern themselves. They have their own parliament, their own government, their own elections, their own tax system. I don't want to govern the Palestinians; no one does. They already govern themselves.
But no one can praise Roosevelt for doing this and then insist that he restored our traditional political and economic systems to their former vitality.
We can fight over what the taxation levels should be, but the tax system should be very, very simple and not distortionary.
Here's the problem if you keep raising tax rates: You slow down economic growth.
