• psvrh@lemmy.ca
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    2 days ago

    We used to have progressive income taxes that did this.

    Reagan, Thatcher and their ilk pulled them because “trickle down, a rising tide lifts all boats, thousand points of light, blah blah blah”

    • Schmoo@slrpnk.net
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      2 days ago

      A rising tide lifts all boats has always struck me as a strange metaphor for them to use. To me that conjures up thoughts of welfare, UBI, irreducible minimums, safety nets, etc. It seems like a great metaphor for the opposite of what they’re using it for.