> Let’s be clear that taxing this bunch of people even more will have disastrous consequences.
Clearly, it's a good thing that literally every US tax law passed in the last half-century has reduced taxes on the wealthy then.
I don't think anyone's asking to return to the pre-Reagan era where the top tax bracket was 90%, but rolling back some of the absurd tax cuts in the Bush and Trump eras only make sense, given how much they ratcheted up deficits while doing absolutely nothing to improve the economy.
Clearly, it's a good thing that literally every US tax law passed in the last half-century has reduced taxes on the wealthy then.
I don't think anyone's asking to return to the pre-Reagan era where the top tax bracket was 90%, but rolling back some of the absurd tax cuts in the Bush and Trump eras only make sense, given how much they ratcheted up deficits while doing absolutely nothing to improve the economy.