”Name a country where that has worked, ever,” the mega-billionaire said.”
Ok, how about HERE fool!!! From the end of WWII until Reagan came along and killed the golden goose for everybody but people like you by doing away with Keynesian economics and replaced it with neoliberalism (supply side) most people could afford products in the same price range as those you sell. But no, we couldn’t have that could we? Even though the rich were rich and generally had difficulty amassing fortunes big enough to last them more than ten lifetimes they still did pretty darn well. Yes, you could have still had your Westlake Hills house that’s bigger than a Holiday Inn (sorry, didn’t mean to compare your palace to a place where ordinary people stay, just using the hotel for size comparison) plus all the other luxuries you currently have but like I said, just enough for ten of your current lifetimes in lieu of a hundred or two. The difference was at those higher tax rates you would have been better off investing some of your corporations profits back into the company for r&d, the streets you drive your Mercedes on wouldn’t be so full of pot holes, there would be less starving children, you wouldn’t even notice the difference really. I know, it’s just KNOWING you have all that $$$ stashed away isn’t it. Who cares if it’s not benefitting anyone including you. It’s just knowing you have all that unused money that matters. Whatta pig.