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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIf Karl Marx were mayor of New York City, million/billionaires would still be filthy rich.
I wrote this because it's probably true.
Thank you for listening.
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If Karl Marx were mayor of New York City, million/billionaires would still be filthy rich. (Original Post)
AStern
Nov 2025
OP
When Eisenhower was president, the top tax rate was 90%, not the current 30%
Fiendish Thingy
Nov 2025
#6
leftstreet
(40,666 posts)1. They'd have to sell a lot of Pet Rocks
or cellphones, or coffee pots, or something
No more profiting off the common good, like utilities, health care, internet, housing....
Fiendish Thingy
(23,219 posts)2. That's because Trump would still be president. Nt
AStern
(849 posts)5. No. If Eisenhower were President - they'd still have a shit ton of money.
They did when FDR was in office as well.
Fiendish Thingy
(23,219 posts)6. When Eisenhower was president, the top tax rate was 90%, not the current 30%
And you could count the number of American billionaires on one hand (OK, two at the most).
AStern
(849 posts)7. So millionaires in the 1950s were poor?
nt
Fiendish Thingy
(23,219 posts)8. They paid more taxes than they do now. Nt
AStern
(849 posts)9. And were still wealthy
My point is that regardless of the tax rate - the wealthy will always exist. So what are they so worried about?
BlueTsunami2018
(4,988 posts)3. Not if Lenin was.
Then wed be getting real shit done.
Response to AStern (Original post)
PeaceWave This message was self-deleted by its author.