TLDR Version: Yes, the America that fought in WW2 and The Cold War, put a man on the moon, passed The Civil Rights Act of 1964, and was watching Leave it to Beaver (The America that was Great!), had a Top Marginal Tax Rate that would make Bernie Sanders blush. See for yourself. Beginning with […]
Tag: 1 percent
Income Disparity and the Middle Class: A few Myths and Misconceptions
As noted countless times in this blog, the shift to a more supply-side (aka Reaganomics/trickle down economics) economy has not led to a stringer middle class. The disparity in wealth and income between the top 1% and everyone else (especially the bottom 4 quintiles) has only widened and left many of the lower quintiles barely […]