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It is simply because class divide used to be a lot wider. We perceive things as going down only by comparison with unhealthily equal 1960s society brought about by 91% top marginal tax rate of the day. Pre-WWI world was extremely unequal and it was seen as normal. Anyone from the middle class could hire a servant.

In fact, even in the Soviet Union, engineers and even highly qualified workers (!) had full-time domestic servants in 1930s. Not after the war though.



> We perceive things as going down only by comparison with unhealthily equal 1960s society brought about by 91% top marginal tax rate of the day.

Interesting. You feel that the 1960s were too egalitarian?


Read the guy’s past comments…


>91% top marginal tax rate of the day

it's worth noting that even though the top marginal rate today is only 37%, tax as % of GDP stayed mostly the same since the 1960s. The difference can be explained by the fact that the 91% tax rate was accompanied by a plethora of deductions, which reduced the effective tax rate.

https://fred.stlouisfed.org/series/FYFRGDA188S




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