This was my post in another thread... I'm genuinely curious what your solution is.
"To illustrate my point-the 400 richest Americans earned approximately $100 billion last year. We could tax them at a 100% tax rate, literally every penny they made, and know what our federal deficit would have been last year? About $1.2 TRILLION. We could take every cent made by the super rich, and not even take 10% off of our deficit for just last year.
Now, can someone please explain how taxing the super rich will solve anything?"
"To illustrate my point-the 400 richest Americans earned approximately $100 billion last year. We could tax them at a 100% tax rate, literally every penny they made, and know what our federal deficit would have been last year? About $1.2 TRILLION. We could take every cent made by the super rich, and not even take 10% off of our deficit for just last year.
Now, can someone please explain how taxing the super rich will solve anything?"