this post was submitted on 02 Apr 2025
168 points (100.0% liked)

chapotraphouse

13758 readers
914 users here now

Banned? DM Wmill to appeal.

No anti-nautilism posts. See: Eco-fascism Primer

Slop posts go in c/slop. Don't post low-hanging fruit here.

founded 4 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] CarbonScored@hexbear.net 59 points 2 days ago* (last edited 2 days ago) (1 children)

Before Thatcher, the top tax rate for highest earners was 83%. If it was classed as 'unearned income' (eg capital gains), the tax could have a 15% surcharge, meaning the top tax rate for unearned income was 98%. (Under Thatcher, that went down to 60% - the top rate now is just 45%.)

And people wonder why we suddenly don't have money to fund public services anymore.

TIL Thatcher is more left than the American dems