Submitted by Phoenix5869 t3_125s4mc in Futurology
J_Warphead t1_je5pba5 wrote
For capitalism to succeed, The government has to be an opposing force. Capitalists are encouraged to prosper while the government rides on their back and makes sure it benefits the country as a whole.
When capitalism owns the government, it goes bad.
The US was built on the idea that you could come here and get filthy rich, and you would damn sure chip in to that government that allowed you to become so rich.
Income tax for the wealthy was traditionally very high, they benefited the most, they paid the most. Rockefeller became the richest man in the world while paying more than 75% income tax.
That worked. This doesn’t.
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