Why a 70% tax rate on the superrich would be good for America

1 min read
Archive You're reading an older Hightower Lowdown article. Jim's still writing — twice a week on Substack.
Jim Hightower's Radio Lowdown
Jim Hightower's Radio Lowdown
Why a 70% tax rate on the superrich would be good for America
Loading
/

Once upon a time, there was a place where the prevailing ethic of the very richest people was that monetary self-indulgence was tacky and that wealth was a matter of good fortune, carrying with it an obligation to the Common Good.

Believe it or not, that place was the USA! Where did it go?

 

Read the full commentary here.

Enjoying Hightower's work? Join us over at our new home on Substack:

Keep reading Jim
Get the free Lowdown
Jim's twice-weekly commentaries delivered free to your inbox. No credit card, no catch.
No credit card. Unsubscribe anytime.
Go deeper
Get everything Jim's got
Live Q&As, the Chat & Chew series, radio archives, and more. Less than a cup of coffee a month.
Subscribe for $40/year
Special rate for original Lowdown readers
Regular price: $50/year
Jim Hightower's Lowdown
The Lowdown moved —
Jim didn't stop writing.

Get Jim's commentaries delivered every Tuesday and Thursday — free, to your inbox. Join 50,000+ readers.

Get the free Lowdown →
or go paid
Subscribe for $40/year
Special rate for original Lowdown readers — regular price $50/yr