> “Could we ask for our $47 trillion back? Not directly, but we could certainly tax the 1 per cent at 90 per cent or higher for the next century or two, and not feel guilty about it. Their wealth came from us, not their own brains and hard work. We might remind them that the Saudis cut off pickpockets’ right hands, and billionaires in China who get out of line get serious jail time.”

i’m down for a return of the 90% top marginal tax rate. better yet, make the tax function continuous rather than a step function to remove the temptation to try to game the system.