Brian,
I'm going to need you to explain how the Smoot-Hawley Act can be considered a LACK OF REGULATION . This isn't by any means the only cause of the Great Depression, but saying it's cause was due to a lack of regulation is simply ignorant.
I agree that the tax code must be changed to increase the effective tax rate of top earners, but both parties are equally at fault for no meaningful change. Neither wants the attending loss of power.
Taxing the 1% at a 100% rate also won't solve our issues. Again, I have no issue with increasing the top effective rate, but this will barely make a dent.
I'm going to need you to explain how the Smoot-Hawley Act can be considered a LACK OF REGULATION . This isn't by any means the only cause of the Great Depression, but saying it's cause was due to a lack of regulation is simply ignorant.
I agree that the tax code must be changed to increase the effective tax rate of top earners, but both parties are equally at fault for no meaningful change. Neither wants the attending loss of power.
Taxing the 1% at a 100% rate also won't solve our issues. Again, I have no issue with increasing the top effective rate, but this will barely make a dent.
