Taxing the rich isn’t radical. It isn’t even new.
The current top-bracket tax rate is 37%.
But in 1965, it was 70%.
In the 1950s, it was over 90%.
NOT taxing the rich is what’s new.
Follow
Thank Saint Ronnie of Raygun:
"In 1980 Ronald Reagan was elected and promised to cut the top marginal tax rate. This he did, and the top marginal tax rate was lowered over his 8 years in office from 73% to 28%"
