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Mon, Nov 6, 2023
The USA was already a paradise for millionaires 120 years ago: entrepreneurs like John D. Rockefeller accumulated enormous wealth without any significant tax liability. A progressive movement was formed against the training of workers. However, the influence of the super-rich on politics makes social progress difficult. The conflict continued to escalate.
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Mon, Nov 6, 2023
In October 1929, the economy in the United States collapsed. The large industrialists equated the mechanisms of the economy with natural laws and built on their self-healing powers. They saw Roosevelt's "New Deal" as harassment. The success of this policy is controversial from today's point of view ...
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Mon, Nov 6, 2023
In the 1980s, Ronald Reagan and the Conservatives enforced a policy of deregulation and tax reduction. Silicon Valley became the new Eldorado for young companies. Millionaires and large corporations soon knew how to apply their rights exactly and thus escaped their tax liability ...