They're's plenty of wealth being held by the rich to more than pay for the government.
There's 54 TRILLION in wealth in this country. The Government only spends about 3 Trillion a year. The wealthy top 20% have 87% of that wealth. The Top 1% have 43% of that wealth.
Higher top marginal rates, and estate taxes on the very wealthy. Done.
So a 75% tax rate ?
So those who make these trillions and re invest will have 75% less to re invest in the country.
What effect will that have, idiot?
A pretty fucking awesome one, actually.
Under Ike, the top marginal tax rate was 93% if you made $400,000 in 1951 dollars. (That would be about 3.6 million today.)
And with that, we built an interstate highway system that made us the most competitive country in the world, we invested in first rate schools and universities, we poured billions into research and development that brought advances in technology.
Certainly a lot more than if the rich assholes were just allowed to invest in Dressage Horses and swimming pools.