Daniel, the income redistribution at USA was at it's peak in 1950's and 1960's when highest marginal tax rate for the rich people was 90%. Record high was 94% at 1940's. This golden era of keynesian redistribution saw highest prosperity increasing economic growth in history, because almost all of the economic growth went for the middle class. And where else it could even go, if the marginal tax rate for rich was 90%?
Then there came Ronald Reagan that wanted to cut the taxes of rich, and the middle class of America is now dying. 90% of americans must be really lazy as their annual incomes has not increased even for one dollar during the past 30 years! The tax rate of the rich has fallen from 90% to 15 % and below. ―Jouni Sent from my iPad On Oct 7, 2012, at 6:27 AM, Daniel Rocha <[email protected]> wrote: > This really doesn't make sense. All eagle species are flying species, but not > all flying species are eagles. > > 2012/10/6 Jojo Jaro <[email protected]> >> Well, in fact, Income Redistribution is a quintessential philosophy in >> communism. > > > -- > Daniel Rocha - RJ > [email protected] >
