• skulblaka@sh.itjust.works
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      19 days ago

      And lo and behold, the greatest period of prosperity in American history. In the 80s, Ronald Reagan cranks it all the way down to 25%. One two skip a few, now we live in a corpo hellstate where no one can afford anything except the nobility who live in a state of extravagant grandeur many exponents removed from the common man. The correlations are obvious.

      High percentage high tax brackets are not the single cure-all silver bullet for all of America’s woes, but it gets us pretty damn close.

      • JamesTBagg@lemmy.world
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        19 days ago

        It’s a start for sure. Just think of the windfall of cash that could be funneled to the DoD! Think of how much money could be unaccounted for during the audits.