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by hker999 1273 days ago
Most wealthy Americans were never paying 96% in taxes, if any at all. There were many more loopholes during this time.

People are forgetting that the high tax countries are enjoying the fruits of lower-tax countries labor.

Technology and drugs are the big ones. Big, evil companies create life-saving drugs and generics are created and sold for pennies to these countries.

With no incentive to create (ie: large profits), humans will definitely not advance.

Money is also freedom. The less we are able to keep, the less free we become (and more dependent on the government/state).