I'm saying that implementing a 90% tax on them, would cripple the economy.

Especially nowadays.

Also there is no evidence because no one was stupid enough to implement such tax yet.

Is there any evidence for that?

No.

Um?

There is

But theoretically speaking, I'm proving you wrong.

1940-50's we had 90% on top bracket

My father is a landlord but unlike parasites he has an actual job and the people who rent just pay for the utilities and mortgage, him being a landlord isn’t fucking job because it never was one to begin with

@Oliver what does he work with

And as I said, that's a bad comparison, because in the 40's the economy didn't depend on the top bracket.

What do you mean what does he work with?

What does he work with

What's his job

He’s an educator

@Koninos You can't deny that during the 1950's it was the most prosperous time in U.S history - do you know why?

It depended mainly on the workers, and that's when immigration started increasing.

A teacher?

Because the economy didnt depend on the megarich

Yeah

I'm not denying it.

It depended on the middle class

Exactly.

Teaches math to high schoolers

Implementing it today would be foolish, because the economy doesn't depend on the middle class.

Teachers had such shit lifes, your dad is based in educating the generations even if he is a landlord

@Koninos Then give me a proposal - how do we make the middle class the backbone of the economy - and make billionares irrelevant to the economy?

His crimes are forgiven

You need to first make sure that your economy depends on the middle class, and then tax the wealthy heavily.

Lol he really doesn’t profit off it, does that forgive the crimes? Also he work maintenance so it’s not just that

Well, I hate economics, but implementing a 90% tax on the top bracket wouldn't strengthen the middle class.

@Koninos It would if beforehand we make the middle class stronger

I appreciate the respect for teachers, teaching right now is killer especially because my students don’t want to log on

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?