- cross-posted to:
- news_world@lemmy.link
- cross-posted to:
- news_world@lemmy.link
“Twitter owner calls Facebook founder a ‘cuck’ as rancour grows over launch of Threads, a competitor to Musk’s network”
Man I thought this was The Onion at first
“Twitter owner calls Facebook founder a ‘cuck’ as rancour grows over launch of Threads, a competitor to Musk’s network”
Man I thought this was The Onion at first
it’s not an assumption at this point. They are just a pair of losers who got lucky. They are the best argument imaginable for restoration of a 90% tax rate and inheritance taxes.
Do you want a stagnant society?
Right, because the US immediately post-WW2 was an incredibly stagnant society with no visible benefits to the middle class.
What the fuck are you on about
Maybe do some reading on the history of taxation in the US. I’m surprised you’re unfamiliar with what they’re referring to when you hold such strong opinions on the matter.
I see now, didn’t know
Not American but the US had an extremely high tax rate on the rich for most of its prosperous years. It was only recent removed and you now have massive wealth inequality
Well slap my balls, TIL.
Bet you thats why trusts and such were invented…
Also, the reason people throw out the 90% figure is because that’s about what it was at the time. Granted most of the rich still managed to only pay ~70%.
Here’s a couple jumping points: Historical chart, US tax history on Wikipedia
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Not OP, but we actually had a tax rate that high back then, and the US experienced unprecedented economic growth and technological innovation, along with an insanely strong middle class.
The 1950s is considered to be one of the most prosperous times in US history and they had 90%+. Doesn’t seem too stagnant to me.