Oxfam predicts first trillionaire within a decade, with gap between rich and poor likely to increase
  • prole@sh.itjust.worksEnglish
    1·
    8 months ago

    Also, the “taxed at 90%” is a red herring too, since that’s not how progressive tax brackets work. Nobody’s effective tax rate would be close to 90%, even if we raised the top marginal rate to nearly 100%.