A quick history lesson. From 1940-1980:
•Wealthiest paid 70-94% marginal tax
•0 of them went broke from taxation
•0 of them left USA
•All remained exceedingly wealthy
•Manufacturing boomed
•The middle class was 62% of US economy (It's now 40% post 'trickle down scamenomics)
•We had the strongest middle class growth in US History
Let's do that again. Stop protecting billionaires. Start taxing them.
#TaxBillionaires
@QasimRashid Is this really accurate? First page of google says ~90% was the highest possible tax rate, but in reality taxes on the wealthy were pretty similar to today
@alantrapulionis @QasimRashid If what you say is true, why does the Nebraska Billionaire, Warren Buffett, want to be required to pay tax at the same rate as his Secretary. He knows taxes on the wealthy are too low.
