The climate crisis and rise in income inequality have created support for
progressive taxes with a top marginal tax rate above 50%. Three strands of
literature are discussed to show this trend: (1) climate change, (2) income
inequality, and (3) taxing the wealthy. Thoughtful flaws are noted in the
current paper, especially by giving special attention to growing call for a tax
on the wealthy to pay for the fight against climate change and reduce
income inequality.