Corporations and the rich today don’t pay nearly as much as they did in the ‘glorious’ 50’s, the decade many conservatives idealize. There was a 90% tax bracket then, but the top ones got eliminated and the majority of the load has been shifted to middle and lower brackets. And partly because of that most families then could be comfortable on one income, own their house, have a car, take two week vacations every year as if that was their right. Oh, and they had evenings and weekends off so they could actually spend time raising their kids instead of throwing them at the TV and Game Boy because they’re both working a couple of jobs to keep the rent paid. It was called quality of life and a standard of living the world envied. Not saying there weren’t a lot of other problems, but the corporations and the rich were a lot more heavily taxed, the economy was great, the infrastucture was built and maintained and there was a resonable expectation that kids would work hard and do better than their parents. Not anymore, thank you neo-cons.
Corporations and the rich today don’t pay nearly as much as they did in the ‘glorious’ 50’s, the decade many conservatives idealize. There was a 90% tax bracket then, but the top ones got eliminated and the majority of the load has been shifted to middle and lower brackets. And partly because of that most families then could be comfortable on one income, own their house, have a car, take two week vacations every year as if that was their right. Oh, and they had evenings and weekends off so they could actually spend time raising their kids instead of throwing them at the TV and Game Boy because they’re both working a couple of jobs to keep the rent paid. It was called quality of life and a standard of living the world envied. Not saying there weren’t a lot of other problems, but the corporations and the rich were a lot more heavily taxed, the economy was great, the infrastucture was built and maintained and there was a resonable expectation that kids would work hard and do better than their parents. Not anymore, thank you neo-cons.