this post was submitted on 27 Mar 2025
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Originally Posted By u/FuturePowerful At 2025-03-27 10:18:54 AM | Source


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[–] RowRowRowYourBot@sh.itjust.works 0 points 6 days ago (2 children)

Except that is entirely incorrect? It is almost solely because the USA was 50% of the world economy at the time. Restoring the top marginal tax rate to 91% will not return us to prosperity

[–] monkeyslikebananas2@lemmy.world 5 points 5 days ago (1 children)
[–] stopdropandprole@lemmy.world 2 points 4 days ago

agreed. taxing the ultra rich is the only legal method available to the 99% to redistribute wealth back down the masses who have been systematically robbed and exploited and manipulated by oligarchs. who cares if revenues go up or down? either we tax the robber barons or we seize their assets... or our kids and grandkids will be destitute.

[–] MDCCCLV@lemmy.ca 1 points 4 days ago

It was a bit of a one-off because Europe was in rubble post war and lots of money flowed to the US.