Yes. If congress really had their shit together, they could implement something at the IRS where each really wealthy person is audited and taxed on their personal GDP. Auditors could present their findings of wealth and a committee could tax the value at an appropriate level.







Oh boy! This is fun. So in 2008 the Republicans refused to swear in Al Franken. After 8 months of battling Republicans in court and politically, Franken was sworn in July 2009. This gave Dems 60 votes in the Senate. This is when they past the ACA, Dodd Frank, Job Creation Act which extended unemployment benefits. After the 111th Congress the house flipped back to Republican majority.
More recently. Biden was implementing a new approach to monopoly capitalism with the appointment of Lina Khan to the FTC. We also had Elizabeth Warren start the CFPB prior to that.
I will also say Dems have been much better on renewable energy and electrification infrastructure investment. But that is my field and most of those details come across in small bits and pieces through market news emails.