You say billionaires will not get punished, but Bernie has promised a 90% tax rate, which sounds pretty punishing to me.
So now Hillary will appear “moderate” if she only asks for 80%.
Then Republicans will want to look “conservative” and propose just 60%, after which they’ll negotiate a compromise of 70%.
Isn’t that how Washington works?
Of course, all that presumes Trump will pull a Ross Perot on us and go nuts before the November balloting.
Then, as I said, the billionaires will deserve whatever Hillary and or Bernie dish out to them.
There used to be a 91% tax rate. Nobody paid it because there were always bought and paid for tax loopholes in the system.
No one will pay it now for the same reason.
There is a reason why Warren Buffett will always pay lower taxes then his secretary. It is not a nice reason but it is a real one that must be faced.
So relax. The billionaires will be just fine.
It is the rest of us who will be up the creek.
And while people like you keep on saying Trump is...(Fill in the blank) The truth is that Trump is not any of those people. He is himself. And so far that has worked out pretty well.