Jeff Tiedrich tweet about taxes on rich people:

[tblue37]

Link to tweet

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hi kids! it's me, your favorite sexagenarian here to tell you that when I was a kid we taxed the shit out of the wealthy and not only did we have money to build bridges and schools and moon rockets, rich people still had plenty of money left over to spend on rich people bullshit

[Ferrets are Cool]

1. This x 1,000,000,000

[Greybnk48]

2. It's true! And then the cockroaches came out of their anti-New Deal

hidey-holes and began to trash everything they possibly could that actually helped the American public. Even bringing in a has-been, racist, B-movie actor to play the part of "Aw, shucks, Uncle Ron" to help them convince people that the government was bad, and rich people are their saviors and providers. Ha!

[twodogsbarking]

3. BRR and ARR. You nailed it.

[Auggie]

4. +1,000,000

[calimary]

7. All you EVER need to know about these creeps:

Republicans DON’T want to help you.

They’re the gang that extols “rugged individualism” and other versions of “you’re on yer own!”

They seriously and relentlessly cling to the “ideal” of NOT helping anybody.

Republicans DON’T want to help you.

Republicans DON’T want to help ANYBODY (but their own selfish, greedy selves, that is).

[FailureToCommunicate]

5. I still blame that creep David Stockman, Ronny's budget guy...

[calimary]

8. I see two really horrendous excuses for "men" in that photo.

Two really shameful excuses for “Christians”, even though they use a whole lot of salesmanship to convince you otherwise. Especially the old smirking SOB sitting next to David Stockman.

[Casady1]

14. I think I see six.

[sop]

13. Stockman later admitted Trickle-Down was a scam, done to "demolish" New Deal programs.

"Back in 1981 David Stockman was the wonderkid of the Reagan administration–the director of the Office of Management and Budget who’d craft in actual budgets the trickle-down miracle Reagan had promised on the campaign trail: lower budgets, lower spending, higher tax revenue. But trickle-down economics was a wish, not a reality. It’s never worked. Lower taxes don’t generate more revenue. They generate deficits."

"Reagan knew it. So did Stockman. So did their guru, Friederich von Hayek. The deficits were intentional all along. They were designed to 'starve the beast,' meaning intentionally cut revenue as a way of pressuring Congress to cut the New Deal programs Reagan wanted to demolish. 'The plan,' Stockman told Sen. Daniel Patrick Moynihan at the time, 'was to have a strategic deficit that would give you an argument for cutting back the programs that weren’t desired. It got out of hand.'"

https://flaglerlive.com/8577/david-stockman-reagan-nixon-bush-trickledown/

[2Gingersnaps]

18. And this is why they want to defund public education specifically, and real history generally.

[The Jungle 1]

29. It is their last goal.

[The Jungle 1]

28. Good read, The Farmers Lawyer.

It lays out how stockman and reagan destroyed farms and families all across this nation and the lawyer who stopped them.

[SheltieLover]

6. Absofuckingloutely!

[SergeStorms]

9. Yes, they still had plenty of money left over.

Of course there weren't as many billionaires as there are today. Back then everyone wanted to be a millionaire. That won't do today. Being a millionaire is like admitting you're a failure (Wow! Am I ever a failure). It's a billion or bust these days.

And then there are the Bezos, the Musks, the Gates etc. etc. who just can't possibly eke out an existence on one billion. Don't get me started.

It's about time they started paying taxes on their wealth, and not just the paltry "income" they allow themselves each year.

[dchill]

10. I'm pretty sure I've been trickled-down on. So there's that.

[MontanaMama]

11. Your post made me laugh out loud.

It's not funny but it's funny.

[dchill]

12. The funniest things are often true. And thanks!

[lastlib]

15. or "TINKLED-down" on......... eom

[lastlib]

16. I was looking around after Hurricane Katrina in 2005....

and one thing I never saw was rich people using their tax cuts to build up the NOLA levees.........let alone the ninth ward.....(you know--where the "darkies" lived...... )

[rampartc]

23. i think brad pitt tried,

but his development turned out to be less than optimal.

https://iotwreport.com/brad-pitts-ninth-ward-homes-abandoned-falling-to-ruin/?msclkid=596e408ac75011ec89ee74637c6df519

[Lem1951]

17. Undo the Reagan tax cuts for a Better America!

[OMGWTF]

20. And the Bush, Bush, and Trump tax cuts.

[niyad]

19. I remember those days.

[Rhiannon12866]

21. Twitter replies:

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[sop]

25. "It's funny how people will point to the 50's and 60's thinking good old days of prosperity,

but call you a communist for wanting to implement the policies that made the 50's and 60's the good old days of prosperity."

[Rhiannon12866]

26. Excellent point!

And can anyone imagine Eisenhower as a part of today's Republican party?? These days, he'd be considered "far left..."

[lordsummerisle]

22. k&r n/t

[RicROC]

24. I call it "Pass Through Economics"

in the sense, you feed the birds by giving corn to a horse.

[The Jungle 1]

27. But But But

Trickle down is going to start any day now!
Reagan promised.
Are you saying he lied to me.
How can it be that we live with so many suckers.

[PatrickforB]

30. Indeed. A good post.

Too bad Congress doesn't seem to be listening - particularly the Republicans, but let's not forget Manchin and Sinema. Manchin was ok with allowing millions of Americans to continue to suffer without Medicare when Biden tried to lower the eligibility age because he does not want to raise taxes.