During Eisenhower’s two terms between 1953 and 1960, the wealthy paid a top tax rate of 91 percent on incomes over the equivalent of $1.7 million for an individual and $3.4 million for a couple. That crafty pinko Eisenhower also presided over government-subsidized mortgages that helped millions of Americans purchase their first home and attend college for free.
Julia Conley: As Public Shouts Approval for Ocasio-Cortez’s 70% Tax Rate for Ultra-Rich, Elites at Davos Admit: “It’s Scary”
“It’s wild that some people are more scared of a marginal tax rate than the fact that 40 percent of Americans struggle to pay for at least one basic need, … Continue reading →
Greater equality of wealth and opportunity can only be achieved through progressive policies, now and in 2020. The Inequality to be Suffered by Our Children The fortunate ones will not … Continue reading →
How much do the “deserving” rich really deserve? Not as much as they think. As Donald Trump and Republicans roll out their proposal to provide wealthy people with a massive … Continue reading →