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TBF

(35,536 posts)
8. You covered everything except the tax tables -
Sun Dec 28, 2025, 04:30 PM
Sunday

the reason folks could remain in their fantasy is that the tax tables were doing their job by redistribution of some of that excess profit at the top, not to mention the fact that the social security cap is wildly regressive.

Then what happened? Reagan, Bush, Trump - all fighting hardest for lower taxes on the very highest earners/and recipients of inheritances, not to mention corporate greed. Lower tax rates on corporations, dozens of loopholes, and pretty soon secretaries are paying a higher proportion of taxes than the CEO's. There's a reason that Trump hides his taxes even more securely than the "Epstein" files.

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