Watch how the ultra-wealthy in America gradually raised the taxes of the poor and eventually bent the curve downward until they paid the lowest tax rate of all
@BrianKelleySays @nick_kapur We pay more and put the nation into crushing debt so they pay less.
@nick_kapur Happened in the UK over the same timescale. It is the hallmark of "neoliberalism". When Chicago ousted Cambridge economics, Hayek usurped Keynes. The pendulum has swung too far and messed up asset values.
@nick_kapur What is the source of this really depressing graph? I’m not doubting, but if I share with people I will most certainly be asked.
@nick_kapur @behindyourback And people say all politicians do is talk.
@nick_kapur All this time we've paid more so that they could pay less, when we ought to charge them an arm and a leg for so much as passage on public roads. Keep charging them until they aren't billionaires anymore.
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