So, if gubmint owns everything that makes it the ultimate evil 1% doesn’t it?
According to IRS statistics, individuals in the 35% bracket paid about 170 billion in taxes. In theory, bumping that to 39.6% (a 13% increase) should raise in the range of 22 billion.
Those of us who know that the deficit run rate is 1.3 trillion (1300 billion) find that funny. It won’t make a dent.