Copyrighted Image? DMCA | Extreme income inequality and low taxes at the top are back. For example, in 1955 the 400 highest-earning Americans paid more than half their incomes in federal taxes, but these days that figure is less than a fifth. And the return of lightly taxed great wealth has, inevitably, brought a return to Gilded Age ostentation. Human nature being what it is, it's silly to expect humility from a highly privileged elite. So if you think our society needs more humility, you should support policies that would reduce the elite's privileges. |
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