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MangoCats@feddit.it ⁨1⁩ ⁨week⁩ ago

Current U.S. leadership: Our billionaires are gonna be bigger than all the other billionaires in the world put together. (I honestly believe there’s an insecurity motive there: if US billionaires don’t amass significantly more wealth, they won’t be competitive in the billionaire world against outside billionaires.)

U.S. Democracy: If one dollar = one vote, I guess we should save all that money we have been wasting on elections.

The real reason for the surge in prosperity of the middle and lower classes after WWII: decimation of the ultra-wealthy throughout the developed world. Remember: the post WWII US income tax on the wealthy was 91% - literal decimation, for those who paid.

wolterskluwer.com/…/whole-ball-of-tax-historical-…

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