A Democratic proposal of a 0.5% surtax on income above $1 million would raise enough money over the next 10 years to cover the $35 billion cost of hiring and retaining about 400,000 teachers and emergency responders next year. That means if you net $1.1 million, on a gross income of $3 million, you would pay $500 more in taxes.
A Republican proposal, the "Ryan Plan" would cut Social Security and Medicare benefits,and lower tax rates on millionaires.
We could raise taxes on those most capable of paying, and those who have gained the most from our country over the past 30 years, or tax our most vulnerable. For me it's an easy choice.