Here’s your “debate” for you: NO
Nobody, NOBODY, who has that kind of money ends up paying anywhere near that rate. Those who have already acquired great wealth need only reduce their actual annual income to a mere trickle, to fall far below that rate. And any decent tax lawyer, who follows the rules set up and meant to protect members of the House and Senate from onerous tax bills, need only to seek out and apply those special provisions to their own clients. By shifting investments around to those which are considered eligible for low or no-tax status, taxes may be avoided, which is much different than tax evasion.
In this country, wealth is not taxed. Only certain classes of income are ever taxed.
As always the socialists always run someone they can pull the strings of because they know they themselves could never get voted for or in office unless along side of another...in this case Cortez was picked by him, not the other way around.