because politicians depend on campaign contributions, and those Billionaires and Millionaires make lots of campaign contributions.

Bernie Sanders didn't accept PAC money. Neither did Beto O'Rourke. Cory Booker says he won't either. If the millionaires and billionaires decided to take their money out of politics, it would level the playing field.

to make it more to tolerable. Big tax credits, not tax cuts but they actually have to do something of value to get their tax reduced. When we used this in the past the wealthy had to invest in real American businesses, not the financial market.

They built more factories, hired another shift, update equipment, trained a highly skilled workforce, offered good wages and generous benefit plans, and they still made even more money. The workers had more buying power and that fed into their communities and allowed local governments to make infrastructure improvements and that brought in more jobs to grow the economy.

and they are not likely to give them up voluntarily.

the politicians love the pampering and perks provided by lobbyists.
With 100% government funded campaigns, corruption disappears instantly.

search the campaign donations by corporations to majority of politicians in DC.

And so do ours!

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And when that day comes, they don't want to be taxed on it.

It's a fantastical thought, but one that helps contribute to the 'anything is possible' myth.


The wealthy have planted this seed for generations, and it is reinforced by even the most destitute person.
People with absolutely no chance to escape their current situation fall for the lie that their lives will change.


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Another is the control mechanism of many religions, who state that their station in life is divinely determined.
Either they are not pious enough to receive God's grace or they face these struggles as a form of test.
Wealthy people are often viewed to be better, since God has stationed them in a much better position.
All the while charlatans pervert the Bible with 'seed money' scams to steal the little wealth left from them.

.

I have to double-check my numbers and I won't be able to do that until tonight, but IIRC from a time before...

The Federal Income Tax has existed for 107 years.
The number of years the top marginal rate was 70% or more: 50 years.

Nearly half. And instead of being Venezuela, we were a world superpower, had the best standard of living in the world, built and maintained domestic infrastructure, and went to the moon.

And then the Movement Conservatives attacked.

Republicans act like this is a radical new idea but it is not. Unfortunately way too many are true info poor. My guess is some righties are so dumb now from being glued to right wing propaganda they think all a person’s money would be taxed at 70%.