doctorcrimson , 8 months ago

Keep in mind that in 1975 the top tax rate was 48%, some sources say the effective rate on corporate was 44%. This message went out right before the largest recorded increase in USA poverty from 1980 to 1983, and the Reagan Administration gutting federal regulatory bodies and slashing the corporate tax rates down to effective 0 rates, sometimes a negative rate if they received corporate welfare.

If anything, bro really jinxed it by saying “it can’t possibly get worse, right?”