Thanks for sharing that info. Definitely sounds like it might have been a good idea in the past but now overdo for a change. Sad that the current PM wants to continue destruction to get votes.
Seems like a good example of how policies need to be implemented with a forward-thinking mentality. Can’t rely on future changes.
This article is well worth the read. Archived version:
https://archive.ph/p7fOG
In sum, some of America’s most prosperous times were when top marginal rates were extremely high (70%-92%). And now the GOP only serves the excessively rich and large corporations to put wealth and power above all else, gutting tax revenue and nearly every public program possible so those that already have money can have a little more.