Thom HartmannAmazing things happened in America the last time we taxed billionaires at 90%. It’s an incredible story that every American should know!
https://hartmannreport.com/p/what-happens-when-you-tax-billionaires-fa3
GeofCoxSurely one of the clearest lessons of economic history is that capitalism has only ever worked reasonably well, for some of the world, in the post-world-war-two period roughly 1945-75, when in the aftermath of global destruction we set out to build coherent societies, with welfare states and very, very high levels of redistributive taxation.
In every other period in its history, poorly regulated capitalism has led to criminal exploitation, slavery and colonialism, fascism, war, holocaust.