Uh...really wealthy people don’t have incomes to tax. And they hire expensive accountants to keep it that way.
“I’d ask whether there are any historical examples that prove that skewed wealth in a generally prosperous nation is more damaging to its democratic institutions than the reallocation of wealth by a coercive state. But then I realize that as with any Marxist revival, the answer is: This time, we’re gonna do it right!”
Despite all evidence to the contrary, they’ll just never give up. They get 18 year old reinforcements every year, endlessly, that haven’t experienced it yet.
Right...I’m sure those tax rates won’t apply to Hollywood or pro-athletes just like Clinton’s “millionaire” tax (on $250k actually).
"Das Kapital in the Twenty-First Century"
It’ll never happen because there’s too many wealthy libs who would gag at downsizing their exorbitant lifestyles. This will get a certain amount of run from certain leftist segments, but will ultimately go nowhere. Even most libs know where their bread is buttered. And it’s not with Karl Marx as the baker.