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Undertaxed income

We are undertaxed and overspent. So let's fixed both sides of the equation. Raise rates on individuals earning more than $250,00 per year. Raise capital gains tax to 25%, include carry-forward income as regular income and taxed as same. Means test for SS benefits along with age: If you make $5M over your life time you cannot collect until age 70. Reduce the rates accordingly based on salary over lifetime and age. For instance if you make minimum wage at a labor-intensive job, you get to retire earlier at 60 with full benefits. The more you make over a lifetime, you retire later at a lower rate. Fair to all.

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