this post was submitted on 17 May 2026
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No. I dont. It should be 20%.
Realistically like 60%
I know we're all virtue signaling here, but historically the country's economy did the best when the top income tax bracket was 90% to 95%.
That'll never pass. 5% probably won't either but it's more likely.
You can't always be the enemy of incremental progress
This is the argument which took Obamacare from being a big bold progressive transformation to the American medical system and made it worthless; the same framework that led Obama to make only incremental reforms when Americans were demanding sweeping changes: this argument of incrementalism is why fascism got a toehold in the US, and the insistence on the idealogically of incrementalism on the part of alleged allies is why fascism has taken over almost entirely.
The politics of half a loaf is why the American system is falling apart. It's not a way forwards.