https://taxpolicycenter.org/statistics/historical-highest-marginal-income-tax-rates

95 is not that high For 20 years it was over 90

Now I know I hear people in the back "but it was world war time!" True. True.

How long have we been at war? Since Vietnam? How many fucking desert storms have we had? Cold war?

And not one person that has complained about the percentile has asked about what the top bracket would be.

Are you really going to argue that a 95% tax rate on every $1 over $1,000,000 is excessive or "wild"? Or does it actually represent the marginal utility of income?

Because the first 80k someone makes is waayyyyyyyyyyy more impactful than the next 80k. One makes sure you don't die of starvation and exposure. The other is all pleasure.

I like your counterpoint about the wealth tax being more about monopolistic power. Hadn't considered that angle. I do believe that the government must be larger than the entities it governs. If we ever want a smaller, more agile government, we need to shrink what it's supposed to govern.

Here is why I argue for a wealth tax: Most things in life are not simply exponential. They're logarithmic. At least for biology and natural systems. We need some corrective force that pushes back aggressively against wealth accumulation -regardless of source.