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It's a sliding scale. Certainly we have much less progressive taxation than we had through most of the 20th century. The difference seems to be in the industr

It's a sliding scale. Certainly we have much less progressive taxation than we had through most of the 20th century. The difference seems to be in the industrial era we actually had political will to do something about it. Now, Republicans have mastered the sleight of hand to harness anti-intellectual sentiment to pit the bourgeoisie against "the common man" even though it's the 0.1% capitalists that're really running away with all the gains. This is not going to end well, and the super rich should be trying to get ahead of the problem before the pitchforks show up.

refurb 8y ago
Certainly we have much less progressive taxation than we had through most of the 20th century. Overall effective tax rates hasn't changed much over the last 100 years.[1] In fact, they are higher now than they were before the 1930's. Bracket rates were higher, but there were also a lot more ways to avoid taxes. I can't find the source right now, but if you look at the tax burden on the top 10%, the US system has actually become more progressive over time. Those darn Republicans! [1]https://taxfoundation.org/taxes-rich-1950-not-high/ https://taxfoundation.org/taxes-rich-1950-not-high/