My question is: How did the rich survive during Kennedy’s 70% tax in the top marginal rate?
If the Government really cares about revenue, they would tax the middle class too. That will (eventually) come. But first they want to enact all these new programs and will sell it to the majority on the promise that only the “Rich” will pay. Yeah, sure. After the programs are law, they will announce that taxes need to increase for everybody. So, in the end, all those who think they’re getting something for nothing will get just what they deserve.
The “Government” already taxes the middle classes - it is called Realestate and School taxes. If you own real property you get taxed.