> Er, the United States, an economist sitting next to him replied, where the highest tax rate averaged about 70% from the 1930s to the 1970s, “and those were ac

> Er, the United States, an economist sitting next to him replied, where the highest tax rate averaged about 70% from the 1930s to the 1970s, “and those were actually pretty good years for growth”. Rates are nowhere near that now. The supposed populist Trump gave a $1.5tn tax cut mainly to the richest corporations and individuals and the top rate now stands at 37%. Go ahead and tax the likes of Bill Gates at 70%. You won't get much more than you do now, relatively speaking.