No it wasn't. It was a den of racism in to 50's and 60's when the rate was 70%. The only "billionaires" (inflation adjusted) were old, white, male, and staunch conservatives.We did it before and The US was a much better place.
Lower it to 40% and bam..... 100's of lefty billionaires creating big bucks to save the world and give to Hillary and Barack.
What planet you been living on Tony?

Maga!