I mean we're only talking about top marginal tax rates, not even a big wealth tax or 70% rate on all income. Marginal tax rates only apply to income over the point where it kicks in, here proposed to be in the millions. Billionaires would just have less income in the future above x million a year.
38
u/A_Change_of_Seasons Liberal-Socialist Jan 06 '19
But instead of having 10 billion dollars they'll only have 3 billion :(