No it doesn't. It's a horrible deal. Only stupid people would give up 70 percent in taxes to a govt that is 22 trillion in the hole and spends money on horrid foreign, domestic policy, never ending wars, and endless welfare social programs. It's time the govt does without.
Kick those rancid elements in government out, so the taxpayer can benefit.
History shows the 70 percent
marginal tax benefits economy.
only 13,000 families make over 10 million per year, and only income in excess of 10 million would be taxed at 70%. That’s how marginal rates work. This tax would only impact 13,000 families.
The other 300+ million Americans should start voting in their personal best interest instead of the best interest of 13,000 of the richest families in the country.