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@RD4Anarchy

🧵> Until about the Reagan era, the US was actually more Socialist than many countries out there, including all of Latin America. And that is in fact why many choose to emigrate to the US: for its Socialism, not for its Capitalism.

Until about the Reagan era, for instance, the income tax for the richest revenue bracket was 60% or more. Since then it has been reduced tp 30% or less, and many loopholes have been created that let the richest pay no income tax at all.🧵>