Qasim Rashid
A
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
•AND we also had the strongest middle class growth in US History

Let's do that again. Stop protecting billionaires. Start taxing them.
11:09 AM - Apr 26, 2023
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Steve Hill
B
In response to Qasim Rashid.
I was just telling my Friend this! Tax them till they ARE broke for all I care anymore...Let more altruistic corporation's take their place

Tax them 99%

Tax them 99.99%

0 votes — 02:10 AM - Sep 20, 2023
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Panama Red
A
In response to Qasim Rashid.
And enact a wealth tax on the wealthiest to start clawing back some of their ill-gotten gains of the past 40+ years.
02:38 PM - Apr 28, 2023
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Dennis Allen
A
In response to Qasim Rashid.
Pretty sure we put a man on the moon, too.
10:33 AM - Apr 27, 2023
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Clayton Haapala
A
In response to Qasim Rashid.
If the wealthy determine that the best way to get more "pie" is to MAKE more "pie", then an optimal tax policy has been achieved.
06:12 PM - Apr 26, 2023
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Deb Roby
A
In response to Qasim Rashid.
With the high marginal tax rates of the 50-70s, business was encouraged to spend on durable goods. Increasing capacity and employing more. Then making more because of the investments.

Focusing on the quarter to quarter statements kills all investments.
04:57 PM - Apr 26, 2023
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Deb Roby
A
In response to Qasim Rashid.
Neoliberalism started taking root during Carter’s administration, with a belief that business strength would lead to personal income increases. It firmly took root during Reagan. And has continued WITH ADMINISTRATION SINCE THEN until Biden.

It’s not good policy for anyone.
04:54 PM - Apr 26, 2023
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Diane Pinkerton
A
In response to Qasim Rashid.
The 80s and Reaganism, Thatcherism and "trickle down." The roots of all that is wrong today.
11:27 AM - Apr 26, 2023
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PhiNight
A
In response to Diane Pinkerton.
Government officials started to use the word "consumers" instead of "citizens" at that point too.
01:56 PM - Aug 27, 2023
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Kosta Kyriacopoulos
A
In response to Qasim Rashid.
Great to see you here!!
11:22 AM - Apr 26, 2023
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