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

Since the early 1980s, that rate has been around 35-40%.

Magas say America is no longer “great”. What year do they say it started to not become “great”? Is there a correlation here?….

Hmmm…..

This page is a permanent link to the reply below and its nested replies. See all post replies »

Northwest · M

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.

trollslayer · 46-50, M

@Northwest think of the things MAGAs say are making the USA less “great”. Illegal immigration, growing social welfare, crime…. Many are accelerated when the middle class loses control of their own future, and effectively become slaves to the wealthy.

They want Trump to be a savior, but I don’t see anything in Trump’s platform that will reverse things in the long term.

Northwest · M

@trollslayer Let's see what he comes up with. I look forward to ending the wars in Europe and Middle East. To bringing manufacturing back to the USA. To the expansion of the Middle class as the largest segment of US demographics.

NatureGuy77 · 56-60, M

@Northwest The post WWII era was dominated not due to US tax rates but because European economies were in shambles due to their manufacturing base was destroyed by the war in Europe. US was able to fill that void until Europe recovered their economy and manufacturing capabilities

Northwest · M

@NatureGuy77

The post WWII era was dominated not due to US tax rates

Huh? As if anyone suggested this is the case, or this assertion is anyhow shape or form somewhat connect to the topic at hand.

but because European economies were in shambles due to their manufacturing base was destroyed by the war in Europe. US was able to fill that void until Europe recovered their economy and manufacturing capabilities

No shit 🤣 but you think this is somehow germane to the discussion?

I know, you forget to throw Japan in the mix.