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>Historical data further shows that taxes keep rising but so does inequality. I don't know if you're aware of this, but taxes in the west are significantly low
by permo-w 5y ago
>Historical data further shows that taxes keep rising but so does inequality.
I don't know if you're aware of this, but taxes in the west are significantly lower than they were in the 50s, 60s and 70s. The top marginal income tax rate in the 60s was 90% in the UK and 91% in the US. Currently it is 45% in the UK and 37% in the US. Corp tax is currently 18% in the UK and 21% in the US. In the 60s it was 45% in the UK and between 11% and 55% in the US.
But you're right about inequality rising