What you are saying is true, but there is not a better option for how the economy works that doesnt end really bad. I dont like bill gates, but the idea that he cant have what he has doesnt end well.

[–] Serinus@lemmy.world 3 points 8 months ago (1 children)

It turns out we can have the tax rates of the 1950s and 1960s without the segregation.

[–] CableMonster@lemmy.ml 0 points 8 months ago (1 children)

The federal tax receipts/gdp were pretty much the same as they are right now in the 50s and 60s. Just because the tax rate was high doesnt mean people pay that much.

[–] Serinus@lemmy.world 1 points 8 months ago (1 children)

Yeah, what a shame it was that people had to invest in the longevity and reputation of their business in order to keep paying them out over a hundred years.

[–] CableMonster@lemmy.ml -1 points 8 months ago

I dont know what you are trying to say.