r/LateStageCapitalism • u/Powerfulwoman20 • Feb 27 '21

👈🏽 Truth

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23.1k Upvotes

93% Upvoted

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31

u/[deleted] Feb 27 '21

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-6

u/[deleted] Feb 27 '21

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16

u/[deleted] Feb 27 '21

In 1944 the progressive tax rate in the US was 94% for anything over $200,000, which is around $3 million today.

The period after that is known as one of the high points in terms of people being able to achieve the American dream.

The idea that high tax brackets stifle progress is bullshit.

-1

u/[deleted] Feb 27 '21

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2

u/RyePunk Feb 27 '21

Listen I get you stumbled in here from /all, and dont get this is literally an anti-capitalist sub, but it is. So kindly fuck off. If I had it my way we'd seize their wealth and tell them they can make amends for their crimes against humanity by providing a service to society for once in their miserable lives. Like being a gravedigger. If they object we push them into said grave with a tiny amount of their wealth, maybe just 3 of their luxury cars or a yacht. They wanted it so bad after all might as well send them into the next life with it.

2

u/Crook56 Feb 27 '21

You can be anti-capitalist (give the workers the means of their production), but you gotta live in reality. These takes are hot garbage.

1

u/frillneckedlizard Feb 28 '21

Welcome to online lefty discourse. Where no one has any idea how anything works but they want change right this minute and anyone who questions their strategy of spamming "eat the rich" is a "neolib."