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7/21/2025, 8:56:50 AM
>>510947110
>muh war will fix it
The solution was taxing business profits so that they were forced to re-invest into company operations and workers. All that 1950s heyday industrialism was done with a 50-40% corporate tax rate. Now it's barely above 20% and the share of government revenue from it has dropped from 30% to 20%. Tons fewer loopholes for businesses to use to dodge the bill as well.
Also taxing rich people to fund government services that improve the lives of the vast majority of people. Ike had all those millionaires looking at marginal tax rates over 60%. Yet they still had tons of money left over for 20' long land yachts and giant houses.
>>510947389
And none of that has anything to do with foreigners and illegals. American businesses squeezed every last fucking penny out of the people who do the work in order to satisfy investment bankers who own all the stock. Illegal farm workers don't have anything to do with that since the trend holds true for people making six figures as well. Disposable household income in the US is frozen while profits keep soaring. Real simple to see what changed about where the money is going.
>muh war will fix it
The solution was taxing business profits so that they were forced to re-invest into company operations and workers. All that 1950s heyday industrialism was done with a 50-40% corporate tax rate. Now it's barely above 20% and the share of government revenue from it has dropped from 30% to 20%. Tons fewer loopholes for businesses to use to dodge the bill as well.
Also taxing rich people to fund government services that improve the lives of the vast majority of people. Ike had all those millionaires looking at marginal tax rates over 60%. Yet they still had tons of money left over for 20' long land yachts and giant houses.
>>510947389
And none of that has anything to do with foreigners and illegals. American businesses squeezed every last fucking penny out of the people who do the work in order to satisfy investment bankers who own all the stock. Illegal farm workers don't have anything to do with that since the trend holds true for people making six figures as well. Disposable household income in the US is frozen while profits keep soaring. Real simple to see what changed about where the money is going.
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