This isn't capitalism.
> Was a time in America where we had capitalism but every dollar over like $10 mill was taxed at near 100%...
And we still only collected 20%-25% of GDP. A max.
This is a No True Scottsman fallacy, though. Claiming that a direct result of capitalism is not capitalism is quite a stretch.
This isn't capitalism.
> Was a time in America where we had capitalism but every dollar over like $10 mill was taxed at near 100%...
And we still only collected 20%-25% of GDP. A max.