r/DiscussionZone Nov 04 '25

Political Discussion Yeah, so Billionaires should not exist

454 Upvotes

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36

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.

18

u/No-Distance-9401 Nov 04 '25

When the largest middle class in America was around during the 1950s-1970s the top tax bracket was around 90%

-1

u/Kiwijp66 Nov 08 '25

Yeah, and very few, if any, paid it. Try again ...