matt60305.bsky.social
@matt60305.bsky.social
We should go back the higher marginal tax rates we had in the decades before the Reagan cuts in the 1980s when the marginal rates were in the 50 to 80% range, but that is unlikely to happen.
December 14, 2025 at 11:01 PM
Given the 16th Amendment to the constitution states that the federal government can tax income from the whatever sources derived and nothing else, a wealth tax would likely be ruled unconstitutional.
December 14, 2025 at 11:01 PM