JoeB131
Diamond Member
- Jul 11, 2011
- 172,391
- 33,121
- Thread starter
- #201
Nope….the reason our country didn't sink under that tax rate is the fact that the industrial base of the rest of the world was bombed into nonexistence during the war……..
That you guys worship government is depressing…...
The rest of the world more than caught up by 1955. True, they lost the empires they were exploiting and had to do their own fucking work for a change.
Even after Kennedy reformed the tax code in 1961, the Rich were still paying a 70% marginal rate, and we were just fine.
Until that fuckhead Reagan cut taxes for the rich and quadrupled the national debt in 12 years.