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Philosophy, Religion & Society / Re: Trump
« on: March 06, 2025, 06:49:00 PM »
yes we should bring back tax policy of the 50s
The effective federal corporate income tax rate:
1950: 50%
1960: 37%
1970: 32%
1980: 20%
1990: 25%
2000: 20%
2010: 15%
2020: 13%
the fact is higher marginal tax rates on the wealthy and corporations strengthens the middle and lower class. you might think this is bad or not fair, but it is better outcomes for more people.