Qasim Rashid, Esq.Jul 15, 2023

From 1940s-1980, the wealthiest paid 70-94% marginal tax rates. Zero of them went broke from taxation. Zero of them left the USA. All remained exceedingly wealthy, manufacturing boomed, AND we had the strongest middle class growth in US History.

Let's do that again. #TaxTheRich

Show threadlittlewing
@QasimRashid I've ranted this many times: the high-tax 50s were a time of amazing ambition, innovation, and entrepreneurship. The high-tax 50s ushered in the transistor, the laser, the computer, the integrated circuit, civil jet airliners, the LP record, color TV, rock-and-roll, the golden age of movies, etc.
#TaxTheRich
Jul 15, 2023 at 10:37pmWeb