When MAGA types are asked about the mythical "Again" time they want to return to, they generally vaguely refer to the post-WWII years. Back when Men were Men (or cowboys, or test pilots), women knew their place (baking cookies while barefoot and pregnant in the kitchen), and the color line was in full force. Another interesting aspect of MAGA dream time is that during the Eisenhower Administration the top marginal income tax rate, which applied to income above $200,000 ($400,000 for couples) ($200,00 in 1954 dollars is equivalent to $2.3 million today), was 91% (!!!). Of course, that was the taxes applied to the portion of income above those limits. A couple making $465,000 would have paid an effective tax rate of 75%. (source)
So I'm curious, if there is any truth to the argument that expecting the very wealthy to pay anything more than an incredibly low tax rate would result in them refusing to invest in business, leading to the collapse of American society, how is it that those years of 90% tax rates are the very same years that are held up as the best years in America's history?
And Brent, I'll see your "envy" and raise you "greed".