Make America Great Again: 1950’s

Ah, MAGA.

If you believe that America was last great when you didn’t have to share a counter or a bathroom or a water fountain with your fellow American, I hope you will keep reading, but please be forewarned.  I don’t agree with you and that’s not what I’m talking about.

A persistent and unanswered question for those Trump enthusiasts whose primary excitement isn’t going back to segregation is this: when exactly was America last great?

The 1950’s look good.  We’d won the second world war, you could have a middle class life in a one wage-earner household.  All that disruptive civil rights/anti-war/counter-culture/feminist stuff hadn’t taken place yet.

Guess what the effective tax rate was for the wealthiest top 1% of Americans in 1953…  49%.  As of 2015?  23%  When you get into the super wealthy, you go down to 17%.

Effective corporate tax rate?  50%

The sky didn’t fall.  The economy grew.  Companies re-invested in America.  Wages rose.

So yes.  Let’s #maga.  Let’s take the tax rates from 1950 and apply them across the board and make America great again.

Make America Great Again: 1950’s