All that will happen is every corporation will move their headquarters out of the country and every rich person will move their wealth out of the country. The only people paying those taxes are middle class who would then become poor and the poor who would be living off the government. Not sure there would be job growth or anyone willing to work when it's easier to just be a bum and live off the government and play video games. I know they will need to triple or quadruple their IRS because no one will be willing to pay those taxes. What will end up happening is the super rich friends of the DNC will get a pass on Taxes and the rest of us will be paying them.