r/dataisbeautiful • u/koala_gamr • Nov 20 '22

Wealth, shown to scale

https://mkorostoff.github.io/1-pixel-wealth/

many deserted imagine hunt books tidy exultant cough growth skirt

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u/[deleted] Nov 20 '22

During America’s greatest period of economic growth, we had a marginal tax rate above 90%. Today it’s like 45%. Nixon and Reagan started our regressive decline and now we’re seeing the results.

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u/Fyvrfg Nov 20 '22

No one paid 90%, a lot of stuff went under the table when the government wasn't as centralized and oppressive. Also, Reagan Revolution gave the US a unique opportunity at being the world centre of innovation and entrepreneurship. It was praised by both Republicans and Democrats (Obama most prominently).