Taxes. The top 5-10% of americans are taxed the most, over 35% of there income as of 2013
Taxes. Although morally unfair to everyone else, the wealthy could do more if they had less taxes.
President Harding aimed to reduce taxes on the wealthiest Americans to bolster economic growth during his presidency in the early 1920s. By significantly lowering tax rates for high-income earners, Harding's administration sought to encourage investment and increase job creation. These policies, while supportive of business interests, also resulted in increased economic inequality over time.
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