benefit most other Americans?"

Not "cost"

Hope you fix that.

You can wish otherwise if you want.

Because I remember those times....A low defecit full epmloyment and a curve towards progressive policies.

We were going in the right direction. Are you suggesting she is not right about raising taxes on people who have never paid the fair share in most peoples lifetimes?

Why troll that trash?

Seems a flawed method to infer data, but a great one to fling at the wall hoping it sticks.

So what do you think of this idiotic editorial hit piece on progressive taxation and Ocasio-Cortez?

Because (obviously) state taxes are subject to state politics. If we, as a nation, decide to that people with millions or billions of dollars are taxed more, and the monies are directed to specific purposes ie infastructure, green deals, small business incentives I think this could work.

That being said, a high tax rate on 10 million for a small business owner, may not work, if the business owner reinvests, pays employees, health insurance bonuses etc —i mean it’s a lot of money to me, but not much in the business world.

I think tax reform needs to go hand in hand with healthcare.

The math needs to be correct, however. I don’t understand the math, not being an economist. When I read numbers, I want them to add up, and add up reasonably. I want reasonable goals. I want small businesses to be able to thrive.

Big businesses stimulate the economy, and the profit sharing is supposed to trickle down by providing jobs. (Jobs are great if they decent wages and benefits; many do not)

In Seattle, I can drive down any city street and see what we are currently doing does not work. We have at least 11,000 homeless here. The “opioid crisis” is driven by despair in far too many cases.

Before a small business owner gets to $10 million in taxable, profitable income, the business has to pay employees, state and local taxes, lease on business space, and all the other day-to-day expenses of running a business that are deducted from taxable income (unlike an individual's income, which doesn't allow for deductions for buying groceries, paying rent, and the other expenses of day-to-day living like electricity, water, and internet).

So if a business is clearing $10 million in profit subject to taxation, it has benefited greatly from the legal, financial, regulatory, and civil structures provided by the government. That business should be pulling its own weight to benefit itself and others.

Not convinced 10 million Should be treated the same way as billion— as far as tax rates goes is more my point. I’m kind of musing out loud, if we are going to tax profits, it has to be completely thought out and supported by good economic data, not political emotionalism

But like I said, what we have now is not working for far too many people. I am very concerned about small business owners.

What I do, is read legislation, and within the limit of my understanding and research see if it’s a viable, workable plan, that will be beneficial, and passable. I know politics is a lot of grandstanding, but my mind doesn’t work that way,

There would be other thresholds for folks earning $100 million and up through a billion. Taxing the profit above $10 million at a higher rate than the first $10 million seems a reasonable ask from folks making that much off the system.

As for economic data vs. political emotionalism, all of the data is on the Keynesian side of things, not on the Laffer supply side.

nets over ten million a year.

The tax is paid after the business expenses, which include health insurance, bonuses, employee pay, and investment in the business. If after all of the bills are paid, your net profit is over ten million?

You're doing pretty damned well and you don't pay the top rate on all of that income anyway.