@ray-of-light3.bsky.social
Reposted
The thing is, when we had high marginal tax rates on the rich, the rich still had yachts and second and third houses and fancy vacations and really good schools for their kids, so, yes, I think most people who are really very rich would do just fine, and the rest of the US would do better than now.
You are a beneficiary of Republican tax cuts then?
How would you feel about bringing the 94% tax rates on the rich, back again?
I understand in today's dollars, the 94% will kick in above $3 million a year. Could you maintain your lifestyle on $3 million a year? Could Musk?
How would you feel about bringing the 94% tax rates on the rich, back again?
I understand in today's dollars, the 94% will kick in above $3 million a year. Could you maintain your lifestyle on $3 million a year? Could Musk?
February 24, 2025 at 12:56 AM
The thing is, when we had high marginal tax rates on the rich, the rich still had yachts and second and third houses and fancy vacations and really good schools for their kids, so, yes, I think most people who are really very rich would do just fine, and the rest of the US would do better than now.
Reposted
In light of everything happening, I wrote about how the KKK in the 1920s felt unstoppable, about the people that fought against them anyway, and about how fascism always fails. dansinker.com/posts/202…
February 24, 2025 at 1:07 AM
In light of everything happening, I wrote about how the KKK in the 1920s felt unstoppable, about the people that fought against them anyway, and about how fascism always fails. dansinker.com/posts/202…