this post was submitted on 24 May 2026
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Work Reform

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[–] MasterBlaster@lemmy.world 14 points 2 months ago (1 children)

Forget 39%. We have greater national debt as a percentage of GDP than we did in 1944. We need to reinstitute the tax brackets from then until 1965, which had a top rate of 90%. There are reasons we had a middle class back then, and this is one of them.

[–] UndergroundParking@lemmy.cafe -1 points 2 months ago (1 children)

Nobody paid that 90%. Just like today, there were methods around it.

[–] Mulligrubs@lemmy.world 1 points 2 months ago* (last edited 2 months ago)

But they paid much more, and that's the point.