>If you take high taxes to the extreme (eg. eliminate all billionaires like Bernie Sanders recommends), you get closer to communism which hasn't done as well.

>If you take high taxes to the extreme (eg. eliminate all billionaires like Bernie Sanders recommends), you get closer to communism which hasn't done as well. At the height of the American war effort, the top tax bracket exceeded 90% of individual income[1] this dramatically decreased inequality and established the modern middle class. It was also arguably the most stable and prosperous time for families, with most able to sustain with a single-income earner. Bernie Sanders suggests that we respond to the ongoing climate crisis with a similar level of world-war scale effort with the hopes of averting even worse, more destabilizing effects. 1. https://www.urban.org/research/publication/how-federal-income-tax-rates-work https://www.urban.org/research/publication/how-federal-incom...