What with all the whining about taxes from the richest and most pampered people in this country, as well as their lickspittle enablers the Republicans, Ned is moved to propose his own tax policy.
Ned believes it's time to call the plutocrats' and parvenus' bluffs, since they are just amassing their filthy lucre like the Dragon of the Niebelung anyway and dumping surplus cash into MM funds, thus taking it essentially out of circulation, since banks are loath to loan money.
Let's tax the hell out of them; in other words, let's go back to the tax rate under JFK which ushered in a great era of prosperity until LBJ ruined it with Vietnam. What rate, you ask? It would be a 70% marginal rate on incomes over $200k. Index that for inflation? Sure. That wold be equivalent to around $2 mil today. If they don't like it, they can move to Bangladesh.
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