Re: "Castigo Cay" by Matthew Bracken

On 7/23/25 15:23, Lynn McGuire wrote:

On 7/23/2025 4:30 PM, Bobbie Sellers wrote:
...>          And sometimes you have to simply raise taxes on the well off

and well
compensated to balance the budget as Ike did way back there when I was in High School. 90% taxes on the people with over a few millilon a year might do a lot to
bring the deficit down. Confiscatory taxation on the people with over $100 million
in wealth might do a lot  more.  The money belongs to the nation and the nation
should be able to recall it when it is trapped in the holdings of a few people.
>
     bliss

 Why not just take every penny that the millionaires and billionaires in the USA own ?
 Lynn
 

Why not take candy from babies? It is demonstable bad for them.
Judging by what I read about millionaires, money is bad for them but they
have great attachments to said funds.  So I propose reducing the billions
to 100 Millions as the money sitting in their accounts amounts to constipation
of the monetary system and money is only useful when it keeps moving.
Presently money is moving only upwards away fromt the worker who create
the value in the world.  Lincoln said it well that "Labor is antecedent to
Capital and the only real source of wealth".  Every bit of capital was produced
by workers who are robbed of their fair share of the profit from their
work.
bliss