A Frightening Similarity between Revolutionary France and Modern America — Market Mad House

There is a horrifying similarity between 2020s America and 1780s France, on the eve of that nation’s bloody revolution.

In 1780s France, the nobility (the rich) paid no taxes. In the 2020s, America’s rich pay no taxes. The policy of not taxing the rich led straight to the French Revolution and the Reign of Terror.

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Daniel G. Jennings

Daniel G. Jennings

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Daniel G. Jennings is a writer who lives and works in Colorado. He is a lifelong history buff who is fascinated by stocks, politics, and cryptocurrency.