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b_b · 4137 days ago · link · · parent · post: Fast food workers receive about $7 billion in government assistance. Last year, fast food companies recorded $7 billion in profit.
Your analysis is where the old economic joke "But does it work in theory?!" comes from. The largest economic expansion in American history came when marginal rates topped out at 91%, and capital gains rates were higher, too. High taxes on the wealthy stifling investment is a myth that isn't supported by history. Twice in our history has the wealth been this concentrated, and each time it has led to severe economic problems.