People in Chicago are laughing at you.
They definitely aren't laughing all the way to the bank. Both Illinois and Chicago have a long list of financial woes.
But even if we could tax at higher rates, what for? So that Bernie or Hillary or whoever can engage in even more crony capitalism?
You touch on what I consider to be one of the largest wrongs of the current way of doing things. If the rich are taxed more what is done with the tax proceeds? That's a fair question that I don't think gets enough attention. The current thinking is to give ever more to the poor such that for many people being a non-working person is advantageous over being a entry level or minimum wage worker. That's just morally wrong. Non-working people should *never* have it better than working people. My personal suggestion is to do something that would affect all productive people not just the poor and especially not the non-working. So I'd suggest taking the taxes and giving them out as a quarterly bonus to anyone who had worked that quarter with no means testing. Legal workers get a bonus, lazy people and those here illegally or working under the table don't. I don't care why you aren't working (ie don't care if you're retired, on medical leave, laid off, fired, can't find a job - really don't care). This could also be done with tariffs. I'm not naive enough to think that this situation would be allowed to last in a pure form, but one can dream.
- It's the white person's fault
- Men in tech hate women and keep them out in a variety of ways
- Men in general are evil unless they are gay or black and get shot by a white cop
- Anything a white person has ever succeeded at is largely due to their privilege
- Black people are held back by every force conceived by University Professors who study these things
- Christian's are horrible yet Muslims are just mischaracterized
- If you don't want unlimited immigration then you must be xenophobic and racist
I probably missed a few but that's the gist of it.
"I never let my schooling get in the way of my education." -- Mark Twain