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by clairity
2765 days ago
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this second comment is much more constructive than your first one, because you criticized specific policies for their results. let's keep putting aside the tribal and partisan language and come together to brainstorm and debate solutions. and yes, we need to ease nuclear regulations, protect all speech, and fix regulations around housing (including the regulation of interest rates through freddie/fannie). a key fix to everything you said about the suppression of black folks (and most of the rest of us) is a return to a progressive tax system. a few decades ago, the US taxed the 1% at up to 90%, didn't have a separate capital gains tax, had an inheritance tax that encouraged industry, and didn't have corporate tax shields (along with encouraging immigration). and thus we prospered. |
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The original driver of reducing rates in the US? John F. Kennedy. There's a great speech he gave before The Commonwealth Club on this very subject; audio is available online.