Bloomberg would pay $3 billion less under his wealth tax than under Sanders plan

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6. Actually, Bloomberg would raise the top rate to 28%. I prefer

30-32%, but I would accept 28% over the current 21%. I believe that anything over 35% in the modern economy is counter-productive because it would kill new business that are profitable, but don't have a lot of cash to throw around (the tax rate of 28% instead of 35% or higher would give them a little more room to reinvest in employee salaries, plants and equipment).