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From: William Hyde <wthyde1953@gmail.com>
Newsgroups: rec.arts.sf.written
Subject: Re: "Castigo Cay" by Matthew Bracken
Date: Wed, 23 Jul 2025 21:15:31 -0400
Organization: A noiseless patient Spider
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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 ?
> 
Straw man much?

Actually it was Trump who proposed in 1999 that a 15% wealth tax be 
levied on people worth at least ten million dollars, as that would have 
cleared the national debt at the time.

I don't know if this declaration was made while Trump was officially 
bankrupt, but I wouldn't be surprised if it was.

William Hyde