How you feel about this cartoon depends on when you think "then" was:
- Is it the 1890s, when the richest Americans enjoyed low tax rates and extravagant income growth, while most of us got worse and worse off as they got richer?
- Or is it the post-war era, when a broad base of personal and corporate income taxes kept the differences in wealth between rich and poor from being as stark, and (not coincidentally) the country had a very long period of peace and prosperity?
No comments:
Post a Comment
Please remember that the purpose of Editorial Explanations is to explain and to expand knowledge, rather than to engage in any partisan bickering. All cartoonists are completely correct, in their own worlds.