From 1941 to 1952 in the UK, the top rate of income tax was 98%.

[georgemonbiot.bsky.social@bsky.brid.gy]

From 1941 to 1952 in the UK, the top rate of income tax was 98%. A luxury goods purchase tax introduced in 1940 later rose to 100%. Result? The share of incomes captured by the richest 0.1% fell from 7% in 1937 to just over 1% in 1975. That's what we need today. www.theguardian.com/commentisfre...

Things are not going to get be...