this post was submitted on 13 May 2025
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Or if they had profit sharing, that actually used to be a thing.
People all collectively forgot that that was the piece that made America great in the 50s.
iirc in the 50s the us taxed rich people out of 90% of their wealth.
obviously they rolled that back because they werent deposed like they should be, but really makes you think.
Officially this was the case, but nobody really paid that. Capital gains were still around 20%, around where they're at today, and that's how most of them got wealthy.