Once upon a time — way back in the 1950s and ‘60s — the wealthiest Americans paid a top tax rate of over 90%. Now, the top tax rate is 43%, but many of the richest Americans use a variety of techniques to pay much less. A group called Patriotic Millionaires says the rich should pay their fair share to help reduce rapidly expanding economic disparities.
Read More(OPINION) There’s no need to pile even more scorn on Rep. Alexandria Ocasio Cortez’s “Tax the Rich” dress worn to a $35,000 per head gala. Instead, I want to focus here on the whole “tax the rich” idea. When have we heard this before?
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