Unfortunately, there is no national referendum in the US. I think discretedancer is really thinking about initiatives anyway (ballot propositions initiated by citizens instead of referendums which are direct votes or plebiscites on legislature initiated proposals). In any case, only about half the US states allow voter initiatives and/or referendums.
Even if 90%... no 100% of affluent income were taxed, that still would be only a fraction of the $2 trillion the US needs every year. The middle class is taxed because that's where the majority of the money is.
Mortgage interest deductions are an example of 'special interest' social engineering deductions that benefit a certain group of people over another (renters).




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