From a fiscal perspective a higher tax rate would not make much of a dent in the the US deficit; a piece in the WSJ addressed much of it: https://www.wsj.com/ar

From a fiscal perspective a higher tax rate would not make much of a dent in the the US deficit; a piece in the WSJ addressed much of it: https://www.wsj.com/articles/the-crippling-cost-of-70-tax-rates-11548104300 https://www.wsj.com/articles/the-crippling-cost-of-70-tax-ra...