
91% was the top-tier tax rate, not the median. Nobody paid that rate: Those who would find themselves in that top tax bracket increased their spending on “business expenses” rather than cut punitively large checks to the IRS. Those “business expenses” were for products and services produced by workers; those “business expenses” paid worker salaries. The high marginal tax rates drove money out of the hands of the ultra-rich and straight into the pockets of the working class. Turns out that paying workers for their labor is more valuable to the ultra-rich than giving away their excess earnings to the IRS.
We need to restore the punitively high top-tier tax rates we had from the 1950s to the early 1970s, to drive more cash back into the working class.
But more importantly, we need to institute an annual, 1% tax on all registered securities. To keep the rich from playing fuck-fuck games, that tax should be paid in shares of the securities held, not the dollar value of those securities.
Natural persons may exempt up to $10 million worth of securities from this tax. Corporate “persons” may not exempt their portfolios. If you’ve got $20 million in your portfolio, you need to find another natural person, or start paying.
The SEC transfers non-exempt shares directly to the IRS; the IRS liquidates those shares on the open market, slowly over time. These liquidated shares will never comprise more than 1% of total traded volume.








Working in an office for 8 hours a day costs me an additional hour getting ready and commuting to to work, an hour away from home for lunch, an hour commuting back home and unwinding after work, turning 8 hours of paid labor into 11 hours of doing shit for other people.
Working at home claws back 15 hours a week.