Honestly, not a bad idea 🤷♀️ no single human needs a penny more than a billion dollars, anything beyond that is just unbelievable levels of greed that should never be condoned, let alone rewarded.
Reposted from
Santiago Mayer
I think my longest held, most controversial opinion is that should practically outlaw billionaires by creating a 100% marginal tax rate for income after $1B. Use that money to pay for universal healthcare and public college.
Reduces income inequality and provides free, basic services.
Reduces income inequality and provides free, basic services.
Comments
We've had tax rates up to 91% (WW II), and as recently as Reagan (71% when he took office)
Has been all downhill since the day Reagan took office