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Jan 22, 2022Liked by 2nd Smartest Guy in the World

People rightly don’t like the huge disparity in the distribution of wealth — it’s correctly diagnosed as a society-wide moral failing.

Why is the power disparity — the most politically powerful entity (which, by the way, it was expressly designed NOT to be, but that perversion is another story) taxing the least — any different in moral principle?

The federal income tax is immoral and anti-American.

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taxes were indexed more heavily, with 24 divisions of income and rates, and only the very highest rate would have been borne on the top fraction of income. As an example, here is the table for 1961:

https://www.tax-brackets.org/federaltaxtable/1961

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