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re: IRS collected a gargantuan $7 billion estate tax from a single source, nobody knows who
Posted on 4/19/24 at 4:12 pm to TigersnJeeps
Posted on 4/19/24 at 4:12 pm to TigersnJeeps
quote:
What happened in 1973/1974?
is it a reflection of technology?
What is "productivity" and how is it measured? Is it still a valid metric?
What is included in "compensation"? Health benefits? Pension/401k? Leave?
What about prior to 1948? How were productivity and compensation measured? And how did they compare?
All good questions.
That leads me further to wonder why this never really discussed.
Perhaps you should a start a thread on it.
1
Posted on 4/19/24 at 4:31 pm to WildTchoupitoulas
quote:
What happened in 1973/1974?
US involvement in Vietnam ended - protests and revolt of American youth. Country shut down after Watergate. At the same time, the explosion of welfare programs triggered by LBJ’s ‘Great Society’ cratered the US Economy.
All of this was topped with 2 scoops of Jimmy Carter.
Need I go on?
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