There was a time when anyone working full time could buy a house, take the kids on a holiday each year and not go bankrupt from a medical emergency. Lots of progress over 100 years but the worship of tax cuts and their trickle down bunk is only 40 years old and workers have lost in that time.
When was this golden age?
That description is more true of the present day than it has ever been true in the past.
Less than half a century ago when the top tax rate was 70% and strong collective bargaining meant a fairer distribution of profit between capital and labor workers had more freedom. Now many need 2nd and 3rd jobs just to exist in a society that worships the wealthy over the productive.
Half a century ago families worked more jobs, had 2/3rds the real income, and owned their own homes at lower rates than today.
I know your home ownership claim is bunk, so I still question the rest. Home ownership has been in the low 60s since the 60s. I'll admit I am from a country that used to have free healthcare and education to university and those things have certainly changed. Not to the predatory level in the US.
You don’t know what you’re talking about lol. The home ownership rate was lower in 1975 than it is today.
Ok but I don't care about the highest marginal tax rate. The effective tax rate was ~%3 percent higher during that period and you shouldn't believe a small shift in the effective tax is what completely destroyed your imaginary paradise.
