As my father Z”L used to say every April as he wrote a large check to the government: You have to make it to pay it, and thank G-d I made it.
I remember income tax rates of 70% and now believe 33% is too low on those with large incomes.
I would have no problem with 50% top Federal income tax rate…provided not one cent is spent on the useless southern border wall.
DISCLOSURE: as a senior citizen, I have no deductions for children and my home’s mortgage was paid off years ago. The Trump changes already reduced my deduction for state taxes (property and income) to 10K which is less than 1/3 of what I pay. STILL, I am willing to pay more so those who truly need government help will get it.