Quote:
Originally Posted by jimjamuser
From after WW2 until about 1975 the US middle class was strong and had wealth. The top 10% were taxed heavily. In about 1975 outsourcing began, Unions began losing members, and total jobs and wealth for the middle class started to drop. So, basically, the upper class gained power as the middle class lost power.
.......Then about 2005 or so, the tax tables were set up to somewhat advantage the rich. Then about 2018 tax tables were set up to GREATLY advantage the rich.
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Once again, you post false info about tax rates. I've shown you, time and time again, that although the marginal tax rates were higher, the EFFECTIVE tax rates were significantly lower due to the significantly higher deductions...