Tax Policies

Conservatives like this metaphor, because they don’t have a problem ignoring U.S. history and the unprecedentedly high standard of living that Americans had after World War II, when the tax rates for corporations and wealthy individuals were 90%.

Until Reagan changed all this in 1980, we had great schools, and a powerfully affluent middle class that enjoyed pleasant vacations.  Now, three out of five Americans live paycheck to paycheck.

 

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