4 ms·
The expansion of the middle class has nothing to do with the top tax bracket. It has to do with industrialization before automation (lots of low/medium skill j
by dantheman 17y ago
The expansion of the middle class has nothing to do with the top tax bracket. It has to do with industrialization before automation (lots of low/medium skill jobs that provided significant value), and the destruction of competition around the world.
- alnayyir 17y agoSpeaking more seriously, I'm pretty certain the expansion of the middle class was due to strong white labor unions and Fordism as a cultural subtype within Modernism. This entailed many things, with which the top tax bracket had little to no relevance.