“There’s no reason why the top tax rate shouldn't be 39.6 percent, which it was in the beginning of the Bush administration. There's no reason why 91 Fortune 500 companies should be paying zero in taxes." - Biden. YES!! Tax policy key to wealth transfer (theft) from middle class.

Dec 2, 2020 · 1:25 PM UTC

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Replying to @marwilliamson
“We need a massive infusion of economic hope and opportunity into the life of the average American.” Marianne Williamson
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Replying to @marwilliamson
There is no reason why the top tax rate shouldn't return to 1918 levels (post-war, as we are now) of 77%.
Replying to @marwilliamson
Should be 70, maybe even 90%
Replying to @marwilliamson
39% is too low, IMHO.
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Replying to @marwilliamson
Biden claims he is going to raise it back to where it was before Trump, which was only 28 percent. That is not enough, Joe!
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Replying to @marwilliamson
I say return to the tax schedule in place during the Eisenhower presidency. That, plus unions are reasons there was a growth in middle class.
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Replying to @marwilliamson
There's no reason why the top rate can't be more than 39.6%
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Replying to @marwilliamson
It's not a tax increase. It's a reversal of disastrous tax decreases that have ruined our economy for the last 20 years.
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Replying to @marwilliamson @shell_loyd
That's way, way too low. A rate of at least 60% would help direct corporate spending toward basic economic stimulus because it would be tax deductible rather than portfolio building.
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Replying to @marwilliamson
No, it’s not. The main thing transferring wealth from the middle class is the Federal Reserve. When they make new money, existing money becomes worth less, which kills our ability to save and pushes us into the Wall St casino to try to beat inflation. 1/2
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