To my knowledge, there's been no country that said "no rich people." Yes marginal rates have been very high in the past - sometimes it had no effect (UK example

To my knowledge, there's been no country that said "no rich people." Yes marginal rates have been very high in the past - sometimes it had no effect (UK example - though it only went up to maximum 50% marginal tax rate), sometimes it coincided with large times of expansion (US had marginal tax rates as high as 94% and hovered around 90% between 1944 and 1964). Further, there's never been proof it "kills your economy." I've never met a phenomenally wealthy person who said "well, if tax rates go up to x%, that's when I stop working." These folks LIKE working, money is great, but it's not their driver. And, even if they DID stop working, would it be the worst thing in the world? Honestly - do we really think there's only one Gates, Zuckerberg, Ellison, Page, etc?