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

Only, there's so far away from the 2020's.

You have to force them to spend it in the correct

And hence irrelevant to the 21st century.

way

At that point

Yes, that's another story, however.

You can just spend it directly with the government itself

It issnt

Top Down economics has been proven to not work

greediness is another topic.

To make it work you have to force the top to spend the money they way you want them to

At which point that is just government control, so why give them money

I don't disagree with you on that, I'm disagreeing with you on implementing a 90% tax on the wealthy.

The stimulus package, 2 trillion, specifically banned stock buybacks at the Requestof trump

Because last time he gave breaks / money to the top

They were greedy

And you cant convince someone to not be grreedy by asking

You have to force them

Again, greediness is irrelevant. I mentioned Trump's cuts to demonstrate how tax cuts brought in more wealthy people. I used that fact to demonstrate that, respectively, if you implement a 90% tax on them, they will leave.

unless you want to warp back to the 50's.