LogFAQs > #887140759

LurkerFAQs, Active DB, DB1, Database 2 ( 09.16.2017-02.21.2018 ), DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicUnder JFK, the wealthy paid 91% of their earnings in income taxes
TheMikh
09/23/17 12:28:58 PM
#17:


The entire developed world was rebuilding from WW2. We could afford to have the kinds of tax rates and regulations we had because there was no competition overseas. Once it returned (see: the rise of German and Japanese manufacturing in the 1970s), our economy became a nightmare, especially in conjunction with the oil embargo.
---
... Copied to Clipboard!
Topic List
Page List: 1