Tax The Rich!
I've had a few people ask me what my thoughts and plans are for lowering the cost of living in this country. There are numerous aspects of every day American life that contribute to higher costs; Food shortages, supply chain bottlenecks, unpredictable oil prices, interest rates, trade embargos and let's not forget the current tax being unlawfully levied against the American people, the Trump Tax, aka tariffs. One of my other policy platforms also has a significant effect on what costs Wisconsin families are being saddled with: healthcare. I'll talk about this in a different article; today I'm going to focus on the federal income tax rates. For the purpose of simplicity, I'll just talk about single individual income rates.
Current tax rates are on the left in this picture here. My proposals are on the right. There's a few things I'd like to point out here. First of all, it's important to understand how much the federal poverty line is and what that actually means. To be below the poverty line means individuals or households are unable to afford minimum basic necessities such as food, shelter, and clothes. It doesn't mean barely scraping by; it means not being able to afford to live. The federal poverty line was $15,650 for a single individual in the year of 2025.
It's important to remember this when comparing the numbers here. Our current tax brackets have people making an income of up to $11,925 being taxed 10%. This means someone making $3,725 below the boundary for what the federal government considers sustainable is still being taxed 10% when they already can't afford to live. Similarly, someone with an income of $11,926 to $15,650 is being taxed 12%. Still not able to afford to buy food, clothes, etc., but now an even higher tax rate. Literally taking food out of the hands of the poor so they can pay the government. Doesn't really make much sense, does it?
Now look at the other end of the spectrum. 37%: Over $626,350 and up. This means someone making $600 million is paying the same 37% tax rate as someone making $626K. The people making a lower income are levied tax rates against them that make life unaffordable, while the most affluent have continued to be given rates far less than what they can afford.
I've spent time studying tax rates of the past which have been used in this country, specifically during times such as the 1950's when the middle class was booming. Tax rates for the wealthy went as high as 91% back then, and the money they paid in made it so middle class tax rates could be kept low. This keeps more money in middle class pockets, giving them greater buying power, more money to spend in the economy, which then promotes business, and more money circulates, which is much better overall too. The wealthy don't typically spend most of what they make; it goes into a bank account and sits there, lifeless and stagnant. Middle class and low income people tend to spend what they make, buying things to make their lives and their families' lives better and stimulating the economy in the process.
On the right, you'll see my proposed federal income tax rates, showing a lowering of taxes for everyone making below $630,000. The rates increase as the income increases, coming to a head at 100% tax of $1,000,000,000 and up. This is something Senator Bernie Sanders has advocated for and I'll stand the line next to him and propose the same.
Americans and Wisconsinites need immediate relief from unsustainable tax burdens. They need to send someone to Washington DC who promises to make sure they get it!
TAX THE RICH!
Vote deVille For Congress!
Miss Katrina deVille 🖤
