3 ms·

Anyone who naively think so will only made them actually pay less taxes relatively to middle classes.

• dctoedt 3y ago
  > Anyone who naively think so will only made them actually pay less taxes relatively to middle classes. You mean the way it worked in the 1950s [Narrator: No, it didn't] when the U.S. had something like a 91% top marginal tax rate? https://slate.com/business/2017/08/the-history-of-tax-rates-for-the-rich.html https://slate.com/business/2017/08/the-history-of-tax-rates-... https://taxfoundation.org/data/all/federal/income-taxes-on-the-rich-1950s-not-high/ https://taxfoundation.org/data/all/federal/income-taxes-on-t...
  • willcipriano 3y ago
    They still have you guys fooled with the income/capital gains trick huh? When corporatist dems say "tax the rich" they are talking about income tax, but that isn't how the rich make their money. Paul Pelosi's insider trading profits shall not be infringed!
    • derelicta 3y ago
      That's why I genuinely dont like justice-through-taxation. Expropriation is a way more effective tool to restore democratic balance and a powerful deterrent.
• GoToRO 3y ago
  A clawback tax would do the trick.