Mitch Wagner on Nostr: Of course we can tax billionaires: "Taxing the ultra-rich isn’t like the secret of ...
Of course we can tax billionaires:
"Taxing the ultra-rich isn’t like the secret of embalming Pharaohs – it’s not a lost art from a fallen civilization. The US top rate of tax in 1944 was 97%. The postwar top rate from 1945-63 was 94%, and it was 70% from 1965-80. This was the period of the largest expansion of the US economy in the nation’s history. These are the “good old days” Republicans say they want to return to."
— Cory Doctorow ... https://mitchw.blog/2024/10/16/of-course-we.html
"Taxing the ultra-rich isn’t like the secret of embalming Pharaohs – it’s not a lost art from a fallen civilization. The US top rate of tax in 1944 was 97%. The postwar top rate from 1945-63 was 94%, and it was 70% from 1965-80. This was the period of the largest expansion of the US economy in the nation’s history. These are the “good old days” Republicans say they want to return to."
— Cory Doctorow ... https://mitchw.blog/2024/10/16/of-course-we.html