I think I see the problem here…
The clear targets of such a policy would still be filthy rich with only 10% gains.
Oh, so we presume that our left policymakers are sensible and reasonable?
There's a joke about economists where the punchline is "assume a can opener..."
>If most would be in favor of it, then referring to it as a moderate policy is reasonable.
A supermajority of Labrador Retrievers in my household believe that a eating a 12oz can of Crisco from the pantry is a fine moderate lunch, but that eating the 2lb can would be unreasonable.
>are you under the belief that American Liberals are Leftist and that the left is all about flags, gender identity, and student loan debt relief?
The Old Left && its economic policy prescriptions have been a dead letter in the US since the '90s. The cultural focus is more useful to peel off blocs who might be inclined to vote, as an afterthought, for a redistributive economic policy.
I'm replying to this here since the comment itself is flagged and dead.
Out of curiosity: What makes you think this way?
The only differences I see among the candidates are within the realm of social issues.
Moderate left-leaning economic policies (e.g., 90%+ capital gains tax and the reinstatement of the pre-1980s welfare system) aren't anywhere to be found among the current Democratic politicians.
True leftist policies would be considered pipe-dreams by even Bernie Sanders.
Is it possible that your views in the early 2000s weren't truly "Left", but just like... "left-leaning on social issues"?