Deborah Hartmann Preuss, pcc on Nostr: "Republicans told us if we just cut the top tax rate on the morbidly rich from 74% in ...

"Republicans told us if we just cut the top tax rate on the morbidly rich from 74% in 1980 down to 27% it would 'trickle down' benefits to everybody else as 'job creators' would be unleashed on our economy.

… we’ve now ended up w. the greatest wealth & income inequality in the world, as over $50 trillion was transferred over 40 yrs from the bottom 90% to the top 1% … It now takes 2 full-time wage earners to sustain the same lifestyle 1 could in 1980."

#usPol #usPolitics https://mastodon.social/@loran_hayden/113412746357672828