Remember how good the economy was in the 50’s and 60’s? Wanna guess what the tax rate on the wealthy was? It was 91%. This was the “golden age of American capitalism”, and that tax revenue kicked off a slew of public works projects that boosted the economy.
What semantics game? I asked for a source supporting the claim regarding wealth taxes. You have not provided one and a different account, not you, demonstrated they don't know the difference between wealth and income taxes. They were confused whereas you haven't backed your claim.
That's not semantics. You are talking about entirely different things. Wealth taxes are on wealth while you were talking about INCOME taxes which are on income.
If you don't know the difference between wealth and income you shouldn't be commenting about economics in general as you are missing a critical understanding. It would be like me talking about baseball while being unfamiliar with the difference between a bat and a ball.
I swear corporations hire these people to come in here and defend billionaires. Billionaire who will never even spend any of that in a hundred life times.