It is time to tax the wealthy 90 per cent again to pay for the new war

[Stargazer99]

[leftstreet]

1. No. To pay for healthcare

and stuff like schools and such

[lastlib]

11. THIS.

It is time to REBUILD -- as Pres. Joe said, "BUILD BACK BETTER!" The wealthy have had the breaks the past 45 years, it's time they PAID IT BACK!

[AllaN01Bear]

14. ding, this , we cant afford heathcare , but we can play with hi tc bang bangs..:(

[MadameButterfly]

15. To pay for everything that has been taken, for every self-interested vote that harmed society

It will require 90%. Some of it retroactively.

[Whyisthisstillclose]

2. Tax them to pay for all the damage they have done to our country. Eat the rich!

[pwb]

3. Corporations are doing well, Profits could be taxed.

But the wealth class has to make money at every turn no matter.

[ProfessorGAC]

4. This Again?

Almost nobody paid 90%. There were so many deductions & shelters.
That's why Kennedy lowered the maximum rate but amended the dodges so the effective tax rate went up.
The magical 90% thing is a canard, because so few people paid at that rate rendered it almost moot.
There were people who earned at the 90% rate, but paid more like 50%, maybe 60%.

[MineralMan]

10. Exactly. It's a faulty argument, mostly.

The very wealthy don't have "income" as we all think of it. They have "assets." Income gets taxed. Assets don't, as a rule.

[betsuni]

17. Thank you. There's a myth of a socialist past we must get back to: Make America Socialist Again.

[HarborMaster]

5. Obvious

That the rich should pay for wars they profit from (and virtually never send their kids to fight/die in) should be a given. How did things ever become so unbalanced and unfair?

[multigraincracker]

6. The rich don't have or need income. They have get more stuff.

No paycheck to monitor, just wealth. Tax wealth not income.

[Iggo]

7. It's long past time.

To pay for everything in this country that makes them rich.

[biocube]

8. I'm surprised that as much as some social conservatives think the 1950s and 1960s were the peak of the middle class..

they never think about what the top marginal tax rates were back then.

[Ferrets are Cool]

9. I love the idea that they are taxed 100% for anything over 1 Billion.

If you can't make ends meet on one billion a year, maybe you should get a better coodinator.

[Fullduplexxx]

13. Obscene wealth is a national security threat

[2na fisherman]

16. How Much Is Enough?

One billion dollars invested in a savings account at 2% will yield $20 million in annual interest. It gives the billionaire a monthly budget of about $1,666,666. People at this level of wealth have no idea how the lowest to moderate wage earners must live on hand-to-mouth meagre budgets. Such levels of wealth inequality are not conducive to the long-term health of democracies. And it is a big reason why we now have someone like Trump in the White House because the wealthy require minority rule to maintain their advantage-- through manipulations or by force if necessary. The midterm elections may be the last chance for the working class to begin to correct this. There are more of us than them. No Kings!

[justaprogressive]

18. Why settle for 90%?

That's just the way it was...

BEFORE THEY STOLE TRILLIONS FROM US!!!!!

SET IT AT 97% TO CLAW IT ALL BACK!

[Kid Berwyn]

19. Kick for Policy that's Past-Due

And if you want to call their loot "holdings," great. That used to be called "Property."

Once, here in Michigan, we had these things called "Property Taxes." We should bring that back on state and national levels. RFN.