http://nymag.com/intelligencer/2019/01/poll-large-majority-backs-aocs-70-top-marginal-tax-rate.html Of course I will go as far to say, someone under 1M a year should NOT pay that kind of rate. That rate should be set for those over 20M a year and progress downward. It is ludicrous that a man worth Billions pays a lesser rate after write offs than someone making 30K a year. Now someone come along with the " STUPID argument of "the rich already pay most of the TAX" That is Mathematically a non- issue. Of course they pay more because they continue to make more money by paying a lesser % in taxes each year. Thus, the following year they have even more money and so on. Been happening since 1980 and they Progressively pay more because their income and wealth grow more each year. We need something like VALUE / Wealth / Income Because if it goes on Income alone, they will take a $1 pay rate and pay taxes on it. The rest would be pay out as Bonus, land, Stock for furture dates, etc. This way, they can postpone paying taxes for 5 years and when there isn't a change in the federal income via taxes, they will state, see, nothing has changed. Then they would put the rate back to 25% and cash out all the stocks. Or, they will move their HOME oversea's, Cayman Islands in a British Territory and mass wealth is kept there. Also why all Major Banks here have Moved a Branch into London (London, the city within the city) where money goes to hide. When asked to regulate those districts, London states they are not in charge of it. Huge, 100s trillions of dollars of YOUR money is sitting in these Offshore accounts hidden from Taxes to take care of OUR country. Know that it is happening and you lose more each day !