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kleinbl00  ·  2769 days ago  ·  link  ·    ·  parent  ·  post: The fading American dream: Trends in absolute income mobility since 1940

I think the fact that we got through the depression without too many shots fired (Upton Sinclair be damned) is an indication that we're still in a place where gradual, gentle change can accomplish everything we need. And by "gentle" I mean "nobody gets their lives rekt."

Trump wants to knock that 40% down to 15%. It makes the counterproposal of kicking it back up to 65% seem damn near reasonable by comparison. That top rate? It applies to people earning more than $400k. Trump wants to save 'em $100k (minimum) a year. Kicking it the other way would cost 'em $200k (minimum) a year. Yeah - larcenous. Yeah - confiscatory. But fuckin'A son you still got $200k a year.

Shit - add another bracket of 50% to people earning more than a million, leave everything else the same, and your budget increases by 20%.