Originally Posted by
Extenda
I think we’re kind of talking past each other. I’m not claiming what happened the last four years was because of whoever was in charge. A series of events unfolded where we got massive seniority boost, massive pay raises, and massive stock market returns. I don’t think pointing out how the market has done the last 4 years is a strawman, as everyone clings to that as an argument whenever their candidate is in charge.
All this flies in the face of the argument that “thank God ______ got elected, now things can start to get a lot better"
My point is the last four years have been a golden age of prosperity and advancement for legacy airline pilots that is unlikely to be even close to replicated regardless of who is in charge.
Excellent post. Thank you.
Just to add a bit, for some years now those with the stratosphere incomes have had a significantly lower tax burden than those just a generation ago.
Airline pilots in the 70's were well paid. But their tax burden was higher than today's well paid pilot.
FWIW