Stay-at-home dad. Lapsed Presbyterian. Wrote about politics and economic policy in ages long past. Sometimes still do. Wile E. Coyote is my spirit animal.
A 91% tax rate on high income brackets is a pigouvian tax on inequality. It’s meant to discourage plutocracy the way a carbon tax discourages CO2 emissions. That few people actually paid that rate was a feature, not a bug.