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If 90% is too high, how about a solid 50%?

For the top 1% with a higher capital gains rate and fewer exceptions and tax loop holds? The USA is awash with investment and venture capital funds; it doesn't need cut taxes for the rich to stimulate investment. In any case the rich don't put their money in genuinely productive enterprise unless there is economic demand coming from consumers.

The problem in the USA and many OECD countries is widening wealth & income gaps. This is a formula for discontent and instability. If the lower 90% of people had more money they would be more content, (Duh! Quelle surprise). And it would create demand which would incentivize the rich to invest productively ultimately making them happier too.




NOT the 51st state, eh!?!



Edits: 04/14/21 04/15/21

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  • If 90% is too high, how about a solid 50%? - Feanor 13:23:24 04/14/21 (0)

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