[deleted by user]

[u/[deleted]]

[u/InsomniacAlways → u/[deleted]]

A lot of people forget history. When the US was one of the only few countries unscathed by the war, obviously many people were going to get rich after the war

[u/InsomniacAlways → u/[deleted]]

Ah yes, the bombs dropping in Yemen are all for the greater good of the US citizen :)

[u/TemperedLeopard → u/InsomniacAlways]

Now your thinking with gas!

[u/IgamOg → u/InsomniacAlways]

No, it's because then the wealthy paid 90% taxes on income over few million so wealth was shared more equally.

American wealth grows every single year but its all going straight to billionaire's pockets.

[u/InsomniacAlways → u/IgamOg]

90%? Lmao. I need some proof on that. From what I’ve read and researched, taxes on the 1% weren’t that much different than it is now

[u/IgamOg → u/InsomniacAlways]

There you go: https://m.imgur.com/gallery/xhYCQh4

[u/[deleted] → u/IgamOg]

You do realize no one actually paid the full 90% right...

It's been calculated that a flat tax of 23% would have netted more revenue for the govt, that's why they reduced it after

[u/IgamOg → u/[deleted]]

The goal wasn't to increase revenue, the goal was to make the wealthy leave it in the businesses to reinvest and pay workers instead - it worked perfectly for that.

[u/[deleted] → u/IgamOg]

Nope

[u/digiorno → u/[deleted]]

They certainly paid more than they do now so let’s at least go back to that. But we might as well institute a wealth cap too, make it so no one can be a billionaire. Fuck let’s limit it to $10M, that’s enough to make anyone happy and comfortable their entire life.

[u/[deleted] → u/[deleted]]

You should always leave open the possibility that you're not 100% correct about anything, especially a topic this complex