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

@WorkingFamilies

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%"

Β· Β· 0 Β· 1 Β· 0
Sign in to participate in the conversation
Computer Fairies

Computer Fairies is a Mastodon instance that aims to be as queer, friendly and furry as possible. We welcome all kinds of computer fairies!