Zone1 Tax the Rich! Make them Pay their Fair Share!

Until Kennedy dropped the top marginal rates in the first instance of "trickle down" economics.

Unless you can demonstrate the necessary relationship between the cause you claim and the effect you specify, you present a post-hoc fallacy.
Any effort to prove anything in politics risks being dismissed as post hoc ergo propter hoc. We cannot go back in time, change policy, and measure different results.

What matters is that steeply progressive taxation had beneficial immediate results. Most obviously, it paid down the national debt as a percentage of gross domestic product.
 
You want the federal government to enforce your version of morality. Who would have guessed.

The federal government cannot tax the wealth of the rich, just their income. You'll never take their wealth away.
A wealth tax would do that.
 
My reasoning goes like this.

If Trump, Musk, or any other Billionaire were standing in line to buy a gallon of milk at the grocery store, should their cost for their gallon of milk be exponentially higher than what I pay, just because they have and make more money than I do?

In my view, fairness means we all pay the same.

Change My Mind.
Shows just how dumb MAGA dolts really are.

You pay your milk with the money you have, before or AFTER Tax??
 
The federal government cannot tax the wealth of the rich, just their income. You'll never take their wealth away.
The Constitution of the United States

Article I
Section 8

The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

 
Thus, the relationship you described is meaningless.

You cannot demonstrate this to be true.
Steeply progressive taxes enabled the government to pay down the national debt as a percentage of gross domestic product. Tax cuts for the rich led to the increase of the national debt. In neither case was it a coincidence.

DavidStockman.webp
 
The Constitution of the United States
If you are right, why do we have the 16th Amendment?
Oh that's right -- because the federal government did not have the power to tax incomes.
Similarly, until the constitution is amended, the federal government does not have the power to tax wealth.

The federal government cannot tax the wealth of the rich, just their income. You'll never take their wealth away.

 
Steeply progressive taxes enabled the government to pay down the national debt as a percentage of gross domestic product. Tax cuts for the rich led to the increase of the national debt. In neither case was it a coincidence.

View attachment 1244467
Will re-raising the taxes on top earners result in paying down the debt? yes or no?

Raising taxes on top earners by itself will not automatically pay down the national debt. It can contribute to debt reduction, but only when paired with other conditions that were present in the 1950s–60s and are not present today. The page you’re reading argues that the relationship was causal, but the historical record shows a more conditional picture.

 
Will re-raising the taxes on top earners result in paying down the debt? yes or no?

Raising taxes on top earners by itself will not automatically pay down the national debt. It can contribute to debt reduction, but only when paired with other conditions that were present in the 1950s–60s and are not present today. The page you’re reading argues that the relationship was causal, but the historical record shows a more conditional picture.

The rich have plenty of money. All we need to do is to direct the Government to take most if from them. If they complain, the government should take more. If they evade taxes everything they own should be confiscated, and they should be thrown into prison.
 
If you are right, why do we have the 16th Amendment?
Oh that's right -- because the federal government did not have the power to tax incomes.
Similarly, until the constitution is amended, the federal government does not have the power to tax wealth.

The federal government cannot tax the wealth of the rich, just their income. You'll never take their wealth away.
The Sixteenth Amerndment was passed in order to clarify something that the Constitution had already stated.
 
The rich have plenty of money. All we need to do is to direct the Government to take most if from them. If they complain, the government should take more. If they evade taxes everything they own should be confiscated, and they should be thrown into prison.
Ignore it is.

Congrats.
 
The Sixteenth Amerndment was passed in order to clarify something that the Constitution had already stated.
You're lying.
Absent the 16th amendment the federal government did not have the power to tax incomes. The SC said so.
Absent another amendment, the federal government does not have the power to tax wealth.

The federal government cannot tax the wealth of the rich, just their income. You'll never take their wealth away.
 
The rich have plenty of money. All we need to do is to direct the Government to take most if from them. If they complain, the government should take more. If they evade taxes everything they own should be confiscated, and they should be thrown into prison.
People like you are why we have the 2nd Amendment.
 
Great idea if you change the fact that the top 1% of earners receive more than the bottom 60% in tax breaks and grants.
Tax breaks exist for a reason. Often it means you are doing something for others.
Like raising kids or donating to charity. Tax breaks are available to anyone who does the type of activity that merits it. So is having wealth for that matter. That’s why the leftwing victimhood mentality irks me so.
 
15th post
You're lying.
Absent the 16th amendment the federal government did not have the power to tax incomes. The SC said so.
Absent another amendment, the federal government does not have the power to tax wealth.

The federal government cannot tax the wealth of the rich, just their income. You'll never take their wealth away.


The Supreme Court can change its mind.

Pew Research Center, April 6, 2026

Roughly six-in-ten adults now say the feeling that some wealthy people (61%) and corporations (60%) don’t pay their fair share bothers them a lot. These percentages are largely unchanged in recent years.

 
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