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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: albaby1 ✶❂🐝 GOLD
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Number: of 86252 
Subject: Re: JediPunishment France
Date: 09/29/26 1:03 PM
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Not really.

What happens if we just raise the marginal tax rate in every bracket to 80%? How about 90%?


Yes really. If we hadn't implemented the Bush Tax Cuts and the Trump Tax Cuts, we'd have more than enough revenue to accommodate the costs of Social Security and Medicare. To say nothing of the trillions in debt we accumulated along the way. You wouldn't need marginal rates anywhere close to 80% or 90%. Just not the Bush Tax Cuts and the OBBBA. Had the GOP not slashed taxes, our fiscal picture would be very different indeed.

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This community has written 86,214 posts about US Policy. The article-length ones it recommended most:
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Fascism in America · 27 recs · 2025
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