Still talking about what I presume is the United States Federal government as a monolithic "they". In fact, even today, "they" is us. In the very recent past a realtively small group of people got together and peacefully rebelled against what they considered a "they" government. Those Tea Party folk managed in a very few years to alter the makeup and attitude of our government to more closely align with their beliefs. Now I don't agree with most of what they want, I don't even think that their actions were totally without influence from other forces but the example is plain.
We can alter the direction our government heads and if that is so, then flawed as "they" are, we are still in charge.
Oh, and I seriously doubt that unless you have horrific problems with your taxes that you will ever pay 50 percent income tax. Your taxes have not gone up for some time now and it is likely that they will not for some time to come.
Taxes should be up, and need to be up, in order to make up for the monetary mismanagement & irresponsibility of this government. Funny thing is that higher taxes wouldn't solve a god damn thing in that regard.
The taxes we are paying now are in no way correlated properly to the governments expenses anymore. It's all an illusion at this point, to float the sinking ship for another decade or so. The government has mismanaged itself fiscally, into an irreversible, infinite, shit-holed, cluster fuck of a situation.
The only thing that will come of a result of the government's shit-fest, situation, is either heavy taxes, or the elimination of your bank account via a massive devaluation of the dollar, as the government attempts to dissolve it's debt problems with inflation. A little inflation will not take care of the problem as the problem is too large. A lot of inflation will. Any way it goes, you will see the fruition, and realized situation of highway robbery of this nation's people within the next couple decades, as a result of the government's misconduct.
The monetary issues this government is facing, are absolutely and irrefutably insoluble.
The baby-boomers pulled quite the heist on their post generations. Anyone who says otherwise is smoking on some good pipe dreams.
You have to remember, if the government dipped it's hands into the SS fund, in what way are they expected to financially correct their situation, given they fucked up, and manipulated the one fund that was not supposed to really be touched? Instances like this are just the tip of the iceberg in regards to the baby-boomers, robbing the fuck out of my generation, and thereafter. Someone has to pay for it, and it won't just vanish into thin air. In other words, someone needs to be robbed, in order to pay back the theft.