Why Nostr? What is Njump?
2023-09-04 04:19:27
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Victoria Stuart 🇨🇦 🏳️‍⚧️ on Nostr: Addendum 3 Which Nation Taxed the Rich the Most? Britain & the United States once ...

Addendum 3

Which Nation Taxed the Rich the Most?
Britain & the United States once competed for that honor. Times have changed
https://inequality.org/great-divide/which-nation-has-taxed-the-rich-the-most

* 8 decades ago (near end WWII) U.S’s richest faced 94% federal tax rate on income >$200,000
* with Ronald Reagan’s election by 1988 U.S.’ richest faced 28% top-bracket bite
* we’ve experienced no trickle-down
* instead an incredibly intense concentration of wealth

#DefundBillionaires #neofascism #WealthInequality #WealthConcentraion #taxation
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