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flag Economic analysis suggests mid-century prosperity stemmed from unions and benefits, not high taxes.

flag A recent analysis suggests that while the mid-20th-century middle class was strongest during high tax rates, the era's prosperity was driven more by labor unions, widespread benefits, and stakeholder capitalism than the taxes themselves. flag Over time, deregulation, globalization, and policies favoring shareholder value eroded labor power, leading to a growing gap between productivity and worker pay and a shrinking middle class.

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