Tuesday, July 03, 2007

"Populism," Republican-Style

American tax rates, by the standards of both history and rates in the rest of the civilized world, are remarkably low.

The top marginal tax rate in 1955 (under that fiery Leninist, Eisenhower) was somewhat north of 90% - and people hardly felt crushed by taxes then, nor oppressed, nor persecuted, nor threatened by tyranny.

I'm amused by the spectacle of "populist" Republicans who've gotten working class people agitating for tax cuts for their boss's boss's boss. I just hope I'm not anywhere near America -say, exploring Mars - when working class folks wake up to the injustice of their situation, because it's probably going to be ugly.

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