3 ms·
`wonderwonder` said that a 100% wealth tax was unprecedented and not a realistic scenario. Then you replied "It actually happened not that long ago, in the US"
by labcomputer 5y ago
`wonderwonder` said that a 100% wealth tax was unprecedented and not a realistic scenario.
Then you replied "It actually happened not that long ago, in the US" and cited that the US used to have a 90% marginal income tax bracket.
A 90% marginal income rate is not in the same universe as a 100% wealth tax rate.
- dopidopHN 5y agoI see now. Thanks for pointing it out.