Some questions to ponder:You are certain that if we upped the top earners in the country to 90% tax we would not be able to afford universal health care? I am completely against that idea but disagree that our government would still be broke.
+ Who would be considered top earners? Adjusting for inflation since the 1950's, it looks like a 90% rate would apply to those making in excess of $3M per year, which appears to be a fraction of the Top 1%. It looks like the Top 1% begins at around $400K in annual income.
+ How much money would such a tax bring in? I've seen a couple of claims that taking all of the income from those making $1M or more would generate less than $1T per year. A Berkeley economist who collaborated with Picketty claims the Top 1% make up 20% of the national income, which is around $2.5T per year.
+ How much would single-payer cost the United States? I've seen three estimates that put the cost around $2.5T per year. Bernie Sanders' own estimates peg the cost at nearly $1.5T per year.