April 16, 2020

Meanwhile. . .

We have argued from time to time that the first American republic really started to die in the 1980s, under Reagan. Here's some more evidence from Popular Resistance:
A new Institute for Policy Studies Inequality briefing paper, authored by Bob Lord, reveals that between 1980 and 2018, the taxes paid by America’s billionaires, when measured as a percentage of their wealth, decreased a staggering 79 percent.

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