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"Number One: In 1945, corporations paid 50% of federal taxes; now they pay about 5%. Number Two: In 1900, 90% of Americans were self employed; now it's about 2
by sergiotapia 8y ago
"Number One: In 1945, corporations paid 50% of federal taxes; now they pay about 5%.
Number Two: In 1900, 90% of Americans were self employed; now it's about 2%." - Deus Ex
- solarkraft 8y ago90% self employed? Woah? Were there virtually no companies?
- munificent 8y agoIn 1900, a much larger fraction of the population were either: 1. Women that were homemakers. 2. Men that worked in agriculture.
- pm90 8y agoThere were likely less franchises and chains so every town had their own one-off local Diners instead of Dennys, had a shoe store instead of Amazon etc. The extent to which chains/internet has elliminated these mom and pop stores is staggering... and also why there was so much "self-employment" back then Disclaimer: I'm making an intelligent guess here; these views are not (AFAIK) backed by any study
- EduardoBautista 8y agoOperating a McDonald's, although a franchise, is just as self-employed as a local diner.
- sergiotapia 8y ago"Corporations are so big you don't even know who you're working for. That's terror. Terror built into the system."