We view the late 40s through the 70s as a golden age for the American middle class. People raising families off a single income. Yearly vacations. Affordable higher education.
Know why?
We taxed the ever-loving fuck out of the wealthy back then.
Then the wealthy bought the politicians and stopped that from happening.
And now we’re all sad.
DO. NOT. VOTE. FOR. ANYONE. THAT. DOESN’T. RUN. ON. TAXING. THE. WEALTHY. MORE.
Is absurd that we essentially have a regressive income tax.
I also wouldn’t ignore the global environment during that period.
During those decades, the US was effectively the only industrialized nation in the world. Everyone else either never had factories to begin with, or had smoldering piles of rubble where their factories used to be.
I found it astonishing that there isn’t even a 0% tax bracket anymore federally. It starts at 10% when you make your first fucking dollar. We’ve gone batshit backwards in this country to the point where we’re trying to get every last dime from poor people so we can almost afford to have buy-borrow-die oligarchs that never pay a penny in federal taxes.
We view the late 40s through the 70s as a golden age for the American middle class. People raising families off a single income. Yearly vacations. Affordable higher education.
Know why?
We taxed the ever-loving fuck out of the wealthy back then.
Then the wealthy bought the politicians and stopped that from happening.
And now we’re all sad.
DO. NOT. VOTE. FOR. ANYONE. THAT. DOESN’T. RUN. ON. TAXING. THE. WEALTHY. MORE.
Don’t vote for anyone, got it
It gets my vote!
Another liberal telling us to vote for Kamala just because her tax plan looks nice. Disgusting.
Is absurd that we essentially have a regressive income tax. I also wouldn’t ignore the global environment during that period.
During those decades, the US was effectively the only industrialized nation in the world. Everyone else either never had factories to begin with, or had smoldering piles of rubble where their factories used to be.
Sales tax as well as VAT are also, by design, regressive taxes.
We turned the planet into a human labour farm.
I found it astonishing that there isn’t even a 0% tax bracket anymore federally. It starts at 10% when you make your first fucking dollar. We’ve gone batshit backwards in this country to the point where we’re trying to get every last dime from poor people so we can almost afford to have buy-borrow-die oligarchs that never pay a penny in federal taxes.
Technically the standard deduction is the zero tax bracket.