We are not. The amount of the wealth of billionaires and their number has exploded since the "golden 80s" era, and the corporate and individual tax rate has plummeted correspondingly since then.
We had so much tax money that we used to build and maintain swimming pools even in tiny villages. These days, after they had to close for lack of tax base, we have record numbers of children drowning because they have no nearby and affordable place where they can learn to swim.
We had so much tax money that we used to build and maintain swimming pools even in tiny villages. These days, after they had to close for lack of tax base, we have record numbers of children drowning because they have no nearby and affordable place where they can learn to swim.