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The US currently taxes the rich extremely low when compared to other countries or the US in the good old times. All this was rationalized with trickle down econ
by legulere 6y ago
The US currently taxes the rich extremely low when compared to other countries or the US in the good old times. All this was rationalized with trickle down economics which have turned out to be utter nonsense. The wealth of those unfathomable rich was built on top of the society they live in and are part of. The acquired wealth is so beyond comprehension that the idea that any one person could have such a big positive impact alone to justify it is just absurd.