I like that everybody in politics copy and paste the empty talking point of a 70% top tax rate, but that is dishonest. There were more deductions then, even deducting new cars for example. No one paid 70%.
As for taxing the rich, why is this something that someone says thinking they will get elected? Taxing the New England Patriots does nothing for me nor you. It’s as empty of a talking point as I just discussed.
And this is ignoring the grave consequences that such a foolish policy will create.