I’m in the 1 Percent. Please, Raise My Taxes

Sounds just like Warren Buffett: http://money.com/money/5636661/buffett-wants-to-tax-rich-mor...

Reminder that during the time generally pointed to as 'the good old days' (the 1950s) the top tax bracket was 85% (!): https://web.stanford.edu/class/polisci120a/immigration/Feder...

Now, this doesn't directly translate to higher taxes on the wealthy (there are a lot of factors that go into effective tax rate) but it puts the handwringing around AOC's 70% top tax bracket in perspective.

The nakedly partisan bullshit that gets upvoted on HN is disgusting.

Silence on the veritas Google expose.

If you took the total combined wealth of the wealthiest 100 Americans, you wouldn't be able to fund the federal government for more than half a year or so.

Taxing the rich sounds nice as virtuous political rhetoric but it won't effectively address poverty, just further erodes the liberty of private citizens. If you want to fund more social programs then tax corporations, like the oil companies and the large investment firms, like ExxonMobil and Goldman Sachs. Don't punish success.

If you were a military commander and someone proposed attacking an opposing force with a unified front, would your answer be "You're welcome to go out there and attack them yourself if you want to"?

The point is to enact tax policy that applies to everyone, so that the sum total of the changes can actually make an impact. Saying "well people can always donate to the treasury" is a ridiculous way of dismissing it.

They do not. https://www.treasurydirect.gov/govt/reports/pd/gift/gift.htm