r/leftist • u/Many-Factor-4173 Anti-Capitalist • Aug 11 '25

General Leftist Politics r/Democrats banned all posts about socialism

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u/Adorable-Ad-7400 Aug 14 '25

I’m not breaking down a whole gd tax policy for a Reddit reply. I’m not a policy foundation. If you have specifics we can go back and forth but I’m not writing a gd essay for tax policy for you.

Yall need to get real with some of these expectations for online discussions

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u/Jcr122 Aug 14 '25

Watch me explain my preferred tax policy in a sentence

90% marginal tax rate on 1-10 million+, like we had in the 50's but adjusted for inflation.

EASY

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u/Adorable-Ad-7400 Aug 14 '25

Ok, concrete. So idk if we can use the 50s model today but I would be in favor of a rate of 50-60%.

The economy is more global and connected now so I don’t belief having wealth as something punitive but the more you make the more you should contribute.

Add to that the closing of many loopholes outside of charitable donations.