[0DHm2CxO7Lb3]

> Tax rates on the rich are at historically low levels

Not really. The income tax didn't exist before 1913 and the government was way smaller so there wasn't a even need to collect a lot of taxes. Are you thinking of the 50s? Because even in that time people just avoided to declare all their income (it was easier back then) or used other loop holes to avoid paying taxes [1]

[1] https://taxfoundation.org/taxes-on-the-rich-1950s-not-high/

[TheJoeMan]

Exactly, changing the tax RATE is not going to do anything. Plugging up the trickery to not report income is more important