Buying politicians to advance their agenda has been a long tradition in American politics. The political prostitutes in the Congress, the political brothel house, have always been available to the highest bidder, who are the real constituents. Now the American presidency similarly is on the market!
It started with the Powell Memo in 1971 in the Nixon Admin, then Carter was pretty much a drawbridge to Reagan who put Neoliberalism on Steroids and Clinton Nailed the Coffin Shut on the American Working Class. Just an FYI. #CorporateDuopoly #CorporateFascism https://youtu.be/8A_YaBbshAc?si=UL4FSq45K5TLIqX5
It was a different tax code that offered the wealthy dozens of loopholes for reducing tax. The actual highest tax rate was 40-50%. Still. It's higher than now. The biggest tax reduction strategy was generating income as capital gains, which were taxed at 25%.
Yes, but the loopholes were targeted at recirculating the wealth and avoiding wealth accumulation. Allowing them to right off Cadillacs and Yachts and three martini lunches sounded bad but it was actually putting their riches back into the economy.
It started after the Civil War, today Abraham Lincoln would be a democrat and the KKK that he hated, would be Republicans one of those we know for a fact.
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When I tell them they don’t believe me .. bunch of 🤡🤡
These are also the reasons
t-Rumpsters don’t want accurate history to be taught to anyone!
I don't know how accurate this is.
https://en.wikipedia.org/wiki/List_of_presidents_of_the_United_States_by_net_worth
The insinuation that republicans wanted things that help people is not correct.
https://factmyth.com/factoids/democrats-and-republicans-switched-platforms/