Unless you’re a One Percenter, it makes no sense for you to be against taxing the rich with much higher marginal rates.
How far away are you from being a One Percenter?
On average, you’ll need to make $422,000.00 a year to become one.
Good luck getting there. Seriously. I hope lots of people reading this make piles of money if that’s their goal and how they measure success and are made happy. That’s for each individual to decide for themselves.
But, if you’re not a One Percenter and you’re cheering Michael Dell for asking to see the evidence of where and when higher marginal tax rates have ever worked, the answer, as the historian in this video from Davos points out and which is documented here, is the United States in the years right after WWII and during what many people see as this country’s greatest economic expansion for working class people.
And, yes, by most measures the American economy today can be said to be doing well, but shouldn’t the real questions be how well and for whom?
Look, even if you don’t give a shit about anyone else, and even if you’ve bought the lie of trickle-down economics hook, line, and sinker, and even if you think you’ll someday be a One Percenter if you just work hard, play by the rules, and vote Republican to get government out of your way, here’s the truth.
If that describes you, you’re a patsy to the One Percenters.
You have been duped, and you are siding with the very people who don’t give a fuck about you or anyone else. All they care about is money. Their money.
Be pissed off at me for calling you a patsy and accusing you of being duped if it makes you feel better, but here’s another truth you need to accept.
It’s not me voting for people who want to make the rich and powerful richer and more powerful.