Oldestyle
Diamond Member
God, you're an idiot, Gipper! The "ultra rich" are never going to pay that tax rate! They'll put their capital into tax shelters and wait out these clueless liberals. You know who WILL bear the brunt of this foolish economic strategy? The working people of America. They are the ones who will lose jobs. If you'd taken just one economics class in college you'd know that!It’s been shown many times the ultra rich don’t pay anywhere near the tax rates of the non-rich. The tax code was developed over time for their benefit. Their tax accountants are very good at tax avoidance.
Time for them to pay up BIG, to make up for the decades in which they paid very little.