I’ve seen this argument of “the wealthy were taxed at 80%” that they push. Also I’d say in the 50s personal responsibility was higher. But so many people today think that taxing rich person will turn us into a utopia
Which is ironic because money actually is an infinite resource for the US government, at least until somebody figures out how to hurt very expensive carriers with very cheap AliExpress drones in a way that can't be covered up.
This is only since the discarding of the idea of a backed currency. Removing the gold standard turned the dollar from a representative token for metal into a piece of paper with imaginary value.
I’ve seen this argument of “the wealthy were taxed at 80%” that they push. Also I’d say in the 50s personal responsibility was higher. But so many people today think that taxing rich person will turn us into a utopia
They have no concept of a finite resource. It's the only thing that makes sense.
Which is ironic because money actually is an infinite resource for the US government, at least until somebody figures out how to hurt very expensive carriers with very cheap AliExpress drones in a way that can't be covered up.
This is only since the discarding of the idea of a backed currency. Removing the gold standard turned the dollar from a representative token for metal into a piece of paper with imaginary value.