RE: The Moral Question of Using Unconditional Basic Income to Refuse Employment

[mcgozer]

The tax rates you refer to were never actually paid, because the code had so many loopholes and exemptions and deductions nobody actually paid 91% taxes, or later 70% taxes. It just didn't happen. The period of time we had the largest middle class in the world was the result of a lot of things. The industrial revolution, the rarity of free markets in the world, domestic manufacturing, etc. Increasing tax rates doesn't magically bring back the glory days of times gone by.