Paying for war

I would pass a law that would require all future wars to be funded currently by a variable surtax on all income over $250,000 per person. At the end of each year, we would calculate the total current war costs (including continuing care for the wounded, and replacement costs for equipment, etc.) and we would estimate the surtax rate necessary to collect enough taxes to pay for the costs. If the total surtax collected was not enough to cover the total cost of the war, we would adjust the rate and send out notices of additional taxes due. This surtax would also apply to corporations. If the corporation was a military contractor, the surtax rate would be double, but not more than 90%. The doubling of the surtax would also apply to all income derived from military contractors, so that employees, subcontractors and shareholders would pay the double surtax rate.

Then we will see how anxious people really are to support a war.