Row 57576

Row ID: 57576 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 57576 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

“To allow unlimited profits” == redistribute wealth.

In other words, the 75% to 95% tax bracket at the top of personal income tax was the mechanism that forced the ownership class to pay workers decent wages, invest in research and development, build buildings that were interesting and not just the cheapest, shittiest box that would pass inspection, etc.

Unlimited profits are the why, the cause.

Allowing unlimited profits made maximizing profits more important than any other aspect of a business (except for all the small and medium businesses that were focused on making a living instead of a killing, and therefore went the way of the dinosaur). Once profit is the point, everything else is secondary.

So yes, the entire point was to remove the mechanism that was preventing unlimited profits.

FieldValue
text “To allow unlimited profits” == redistribute wealth. In other words, the 75% to 95% tax bracket at the top of personal income tax was the mechanism that forced the ownership class to pay workers decent wages, invest in research and development, build buildings that were interesting and not just the cheapest, shittiest box that would pass inspection, etc. Unlimited profits are the why, the cause. Allowing unlimited profits made maximizing profits more important than any other aspect of a bu…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-23
username_encoded Z0FBQUFBQm5Lak1YMklkNDQwQ3JmWW96cExxclhDcy05ZERRUHBpUWpNTnpxX21fcEtjR1ZQWTJJRzBnb1g4MFdWVC1Ic1lUY1ZxQXQ2UmI1cHBaeU1INEpTT21uWGlQaUE9PQ==
url_encoded Z0FBQUFBQm5Lak9tQVhXeXgzUGJBbDFHOHBNR1NFbGxaRFRuZktPS3dhR2VZODNzeHZzWTBHUkdWWlhoanB2TWV5RjVYbUhya0NiUGRXMER4SXVoMmZkMlBHZUFJa2xjM0xzTXZpX3hOeHRrTTA5SUgtdzJSbjhDdFRUWnFOdU9HOFFna3RmR0x4dXNoak1WUTc5am82ZWRYSkp1UHp3ZWd0Sno0cEVVT0RBSzRlNlZfS3I1RU5DRkNuWkNJQkdZTEtOUmhTako2RDN5

Raw Record

{
  "text": "“To allow unlimited profits” ==  redistribute wealth. \n\nIn other words, the 75% to 95% tax bracket at the top of personal income tax was the mechanism that forced the ownership class to pay workers decent wages, invest in research and development, build buildings that were interesting and not just the cheapest, shittiest box that would pass inspection, etc. \n\nUnlimited profits are the why, the cause.\n\nAllowing unlimited profits made maximizing profits more important than any other aspect of a business (except for all the small and medium businesses that were focused on making a living instead of a killing, and therefore went the way of the dinosaur). Once profit is the point, everything else is secondary. \n\nSo yes, the entire point was to remove the mechanism that was preventing unlimited profits.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-23",
  "username_encoded": "Z0FBQUFBQm5Lak1YMklkNDQwQ3JmWW96cExxclhDcy05ZERRUHBpUWpNTnpxX21fcEtjR1ZQWTJJRzBnb1g4MFdWVC1Ic1lUY1ZxQXQ2UmI1cHBaeU1INEpTT21uWGlQaUE9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9tQVhXeXgzUGJBbDFHOHBNR1NFbGxaRFRuZktPS3dhR2VZODNzeHZzWTBHUkdWWlhoanB2TWV5RjVYbUhya0NiUGRXMER4SXVoMmZkMlBHZUFJa2xjM0xzTXZpX3hOeHRrTTA5SUgtdzJSbjhDdFRUWnFOdU9HOFFna3RmR0x4dXNoak1WUTc5am82ZWRYSkp1UHp3ZWd0Sno0cEVVT0RBSzRlNlZfS3I1RU5DRkNuWkNJQkdZTEtOUmhTako2RDN5"
}
Explore Dataset Explore Row

Entry Information