Thursday, July 21, 2011

Was the American 1950's Golden Decade due to the top tax rate of 92% on the very rich compared to 35% today?

Yes. They invested the profits back into their busineses to keep from paying taxes and in turn the taxes came from the employed who had good wages to afford many other products made by another company who was doing the same. Be american and buy american, that does not include buying a Toyota made in cali.

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