tag:blogger.com,1999:blog-4102429195693595750.post1617899285148334051..comments2024-03-22T05:15:17.042+02:00Comments on Sudden Debt: Backpedaling At Tour de FranceHellasioushttp://www.blogger.com/profile/03564511281240682625noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4102429195693595750.post-60149329703052189642018-12-14T11:08:22.762+02:002018-12-14T11:08:22.762+02:00Very good points, thank you.
In addition, the ...Very good points, thank you. <br /><br />In addition, the “middle class” - such as it is - now owns a significantly smaller percentage of total wealth. The West is becoming a society of many have-nots and a few haves.<br /><br />I will expand on this in my next post.Hellasioushttps://www.blogger.com/profile/03564511281240682625noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-47170320744477220262018-12-12T20:21:23.299+02:002018-12-12T20:21:23.299+02:00In 1960 23% of tax revenues in the USA came from c...In 1960 23% of tax revenues in the USA came from corporate taxes. In 2012 that percentage was down to 10%.https://taxfoundation.org/federal-tax-revenue-source-1934-2018<br /><br />In 1960 the top tax rate was 90%, now it is 40%. https://bradfordtaxinstitute.com/Free_Resources/Federal-Income-Tax-Rates.aspx<br /><br />Revolt? Not yet. Still a power struggle though, against the trend toward corporate and moneyed interests controlling the policies of governments. Spinozanoreply@blogger.com