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New From Seth Meyers: The Trump Tax Bombshell Reveals How the System Is Rigged

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SandwichKed9/29/2020 6:48:00 am PDT

I don’t think a wealth or earnings cap is a good idea - though putting a ceiling on executive pay as a function of minimum pay in a business is worth looking at.

But I have no problem with setting marginal rates over $50M at 49.9%, killing most deductions, and an actual wealth tax of a few (low single digits) percent to drain entrenched wealth back into the economy.