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Qasim Rashid, Esq. /
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2023-04-26 15:12:06

Qasim Rashid, Esq. on Nostr: A quick history lesson. From 1940-1980: •Wealthiest paid 70-94% marginal tax •0 ...

A quick history lesson. From 1940-1980:
•Wealthiest paid 70-94% marginal tax
•0 of them went broke from taxation
•0 of them left USA
•All remained exceedingly wealthy
•Manufacturing boomed
•The middle class was 62% of US economy (It's now 40% post 'trickle down scamenomics)
•We had the strongest middle class growth in US History

Let's do that again. Stop protecting billionaires. Start taxing them.
#TaxBillionaires
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