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One could argue high taxes have little to do with it. As victor of the war you just enjoyed lot of spoils. Most other first world / developed countries were rav
by richardknop 8y ago
One could argue high taxes have little to do with it. As victor of the war you just enjoyed lot of spoils. Most other first world / developed countries were ravaged by war, entire cities and industrial areas flattened. So US companies & industry had no real competition until the other nations could rebuild. That was a massive advantage and a snowball effect.
- zorga 8y agoAnd one would be wrong. The current economy proves without high taxes, gains go to those at the top rather than the middle. The war created the demand, the taxes ensured the workers got the gains.