The richest families in the world pay 8% income tax. To pick a random rich guy, Bill gates makes $98M/year. You could literally tax him 90% and he'd still be making more per year than most Americans make in their lives.
> Instead, we should foster competition, incentivize innovation, and let markets do their thing
Tell me Atlas Shrugged is your favorite book without telling me Atlas Shrugged is your favorite book.
Won't someone think of the poor billionaires.
https://www.whitehouse.gov/cea/written-materials/2021/09/23/...
The richest families in the world pay 8% income tax. To pick a random rich guy, Bill gates makes $98M/year. You could literally tax him 90% and he'd still be making more per year than most Americans make in their lives.
> Instead, we should foster competition, incentivize innovation, and let markets do their thing
Tell me Atlas Shrugged is your favorite book without telling me Atlas Shrugged is your favorite book.