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𝔅𝔢𝔢𝔩𝔷𝔢𝔟𝔲𝔟𝔟𝔞's avatar

The new tax structure will encourage millions of poorz to open IRA accounts (where the 1% can, er, 'manage' the funds). That's the way a free market is supposed to work, innit?

chascates's avatar

And to think Louisiana once embraced Huey Long. <i>Long is best known for his Share Our Wealth program, created in 1934 under the motto "Every Man a King." It proposed new wealth redistribution measures in the form of a net asset tax on corporations and individuals to curb the poverty and homelessness endemic nationwide during the Great Depression. To stimulate the economy, Long advocated federal spending on public works, schools and colleges, and old age pensions. He was an ardent critic of the Federal Reserve System's policies.</i>

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