Because you'd all out of sudden lose a shit ton of money and wouldn't be able to provide them.

How is he dealing with the pandemic? Is he allowing people to not pay rent? @Oliver

Beforehand, yes.

Yet again, a 90% tax is extreme.

Because you need the wealthy.

So you'd agree to a 90% tax on the top bracket if the middle class is already powerful?

Let me explain why a 90% tax on the top bracket is not extreme

Not a 90%, but a 70% one, yes.

Someone who makes 10 billion, and is taxed 90% still has 1 billion

Yeah he’s frozen rent and they’re not going to have to pay it back, the tenants could not pay for two years and it wouldn’t be a huge financial stress luckily

Which is enough to live 50 lifetimes over

Mad respect

Your dad is a great man

Lol thank you, I’ll make sure to tell him but I doubt he’ll understand why a random person on the internet is saying so <:salute:671540174928478239>

Only, you didn't ask them what their spending is, nor what their revenue is.

Say that i feel like i personally know him

if you're a businessman, and your company is going to shit, one billion will not be enough to save your company from certain death.

So my respect isn't random

It is personal tax not corporate tax

Still stands.

You'd just send the wealthy away.

1940's and 50's prove otherwise

We're talking about implementation of such taxation systems in the 21st century.

Forget about the 1940's.

@Winston Smith will do 👌, thank you for the respect towards us teachers

And if you have an economy that is middle-class depednant, if the wealthy leave

It makes literally no difference

You'd lose revenue, obviously, no matter how significant it was.

Not enough to matter

And if you'd tax the top bracket so heavily, then at one point, after having all the wealthy ones leaving, the middle class would be the top bracket.

Except the 50's prove

And what, would you tax them 90% as well?

They dont leave

...

We're talking about implementation of such taxation systems in the 21st century.
Forget about the 1950's.

The 50's arent some ancient era

They are modern history

Because Trump's got a point on this one.

Tax cuts for the wealthy brought in more companies.

Yes okay thank you for enlightening me, I didn't know that the 50's were modern history.

Trump himself admitted his tax breaks backfired, because giving tax cuts to them leave them to be greedy