One-Time Tax RateReal estate magnate Donald Trump once proposed a one-time tax o

One-Time Tax RateReal estate magnate Donald Trump once proposed a one-time tax of 14.25 percent on the net wealth of every American with more than $10million. Would this be an efficient way to raise tax revenue? Why or why not? Respond to at least two of your classmates postings.Social Services InitiativesShould the Federal Government increase social services initiatives to improve the quality of life issues for the less fortunate ones. (For instance: 1) promoting training/educational assistance initiatives to help the unskilled workers obtain/hold jobs; 2) assist the elderly/homelesswith affordable housing: 3) increase health insurance coverage for the poor.) Secondly what impact would this have on the federal deficit? Isthat a burden we should place on all of the citizenry? Why? Respond to at least two of your classmates postings.