In that 1960s, the top tax bracket was something like 65%

In 1962, speaking at the Economic Club of New York, Kennedy said he was committed to "an across-the-board, top-to-bottom cut in personal and corporate income taxes." The tax system, mostly designed during World War II, "exerts too heavy a drag on growth in peace time; that it siphons out of the private economy too large a share of personal and business purchasing power; that it reduces the financial incentives for personal effort, investment, and risk-taking," he said.

Reagan cut the tax rates and the nation has never recovered.

Tax rates were brought down in the early ‘80s by Reagan the economy took off by the mid 80’s. Here was Reagan’s re-election map in 1984. Is there a correlation here?

A higher tax rate for the rich would definitely make the US better.

Need to go back to the 90% rate on capital gains

How the right take advantage of a yearning for social democracy and impose turbo-charged neoliberalism.

The top tax rate was higher than that during Americas golden age, the post WWII era when we completely dominated the world.

At the time though, the middle class dominated and people could afford all the "goodies" that made us the envy of the world.

Some say America was at its peak between 1950-1980. Then it just slowly but surely started going down the hill. 🤔

Project 2025 includ s proposals to either reduce taxes on the wealthy and increase the tax burden on consumers.

Thats a good observation in most of the world its 50% across the board.

Trump raised my taxes once. I suppose he’ll do it again.

And in 2025 it'll be 0%