• buddascrayon@lemmy.world
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    4 months ago

    Back then there was this thing called the marginal tax rate which taxed the extremely wealthy 90%.

    Current proposals for a marginal tax rate on anyone making over 10 million dollars is 70% and the billionaires of this country are using their wealth to convince the stupidest of the lower classes that such a thing will hurt them and not just the billionaires.