A Lesson in Socialism

Haha, a lesson in socialism! You work hard to earn something, it gets taken away from you and given to someone else. Hahahahahahaha!

Posted by Paul Epps on Thursday, February 11, 2016

  1 comment for “A Lesson in Socialism

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    11 Feb 2016 at 1:35 pm

    Among the more conveniently forgotten lessons in American history is that, back in the 1950s when the economy was booming, the richest Americans were paying a marginal tax rate of 91 percent!

    It’s only when tax rates on the richest Americans falls below 30 percent that the United States economy gets into serious trouble. This happened both before the Great Depression and before the Great Recession.

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