The US never demobilized after WW2, but we tax workers instead of rich people & corporations

[kanzeon_2040]

During FDR's first term, as the US recovered from the Great Depression, federal tax receipts were always less than 5% of GDP. Since FDR's death in 1945 as WW2 was ending, federal tax receipts have ranged between 13-20% of GDP. Last year they were 16% of GDP, about in the middle of this 80-year range. Although marginal income tax rates have gone

Comments

[matrixmann]

Well, if you count "global domination" as a continutation of still fighting a global war, then the US still does fight a war with that scale.

Plainly said, the US is the #1 colonial power. And it doesn't only enslave brown and dark-skinned people in Africa; it enslaves also pale white potatoes who live in Europe, who live in Australia, in Canada, also people in Central and East Asia.
Everything is supposed to serve the interests of US capitalists.
- And there you go why there is politically a problem with uprising powers like China, Russia and associations like BRICS.
US billionaires react allergically to serious competitors of their own size and capabilities