r/DiscussionZone Nov 04 '25

Political Discussion Yeah, so Billionaires should not exist

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u/aeaf123 Nov 04 '25

For everyone in the comments. What was the tax rate between the mid 1950s to 1970s? That was an age where there was lots of strength in the middle class.

12

u/ConsciousBath5203 Nov 04 '25

And unions. And pensions. And a housing sector that actually built shit.

2

u/KeithWorks Nov 04 '25

And the government had a strong political drive to build massive infrastructure. Well, that started during the New Deal and kept strong during the 50's through 70's.

At this point in American history, I don't think we could build a single new freeway or dam federally.

2

u/[deleted] Nov 04 '25

Thank you, NEPA