this post was submitted on 28 Feb 2025
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United States | News & Politics
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I'm just saying that there is a way to win the class war outright. It doesn't have to be a war that is always fought and never won. Previous generations ended the Gilded Age for the rest of their lives by winning the class war and creating 90% tax rates for billiionaires in the 1950s.
Because Dems controlled both houses of congress and the presidency when the 90% tax rates on billionaires were put into place. Nixon got them lowered to 70%. Reagan lowered them to 50%. Bush and Trump lowered them further. So it matters hugely who controls congress and the presidency.