At the time of the Great Depression FDR developed the idea of the New Deal but needed money to pay for it.
The only place he was going to find the capital was from the rich and so a part of his plan was to increase the taxes on the corporations and financially affluent(like the Robber Barron’s) with a tax rate exceeding 90%.
The argument FDR used to have these people accept this arrangement was the need to save capitalism. and themselves.
The Great Depression had produced a huge surge in Americans participating in Labour Movements, and Socialist and Communist parties. The Bolshevic Revolution of 1917 was still fresh in their memories and it was clear that the affluent in Russia lost everything they controlled and most often their lives and the lives of their families. Bringing this type of revolution to the US from within scared the shit out of them.
This marked the next Great Civil war that was waged internally and covertly against it’s own population; The War on Ideas!
The next century would become a campaign by the rich to brainwash the people at home and a series of wars abroad in order to eradicate Communism, not for he good of mankind, but for the status quo of the wealthy!
The biggest fraud ever successfully perpetuated was maybe the Anglo-American duplicity with Nazi Germany. In 1938 Hitler was named Time magazines Man of the Year. Hitler had the support of not only the media and politicians but of the industrialists and Anglo-American financiers. Germany did not have an economic miracle, but instead had been revived by money and investment from the West. The German war machine was brought back to affluence having been recreated by Western financial interests. The reason for this was Hitlers fanatical hate for Communist Russia. This attitude was made clear in his book Mein Kampf!
World War Two was a staged proxy war that Russia was supposed to lose and a preferred fascist Europe would result with the Anglo-American financiers and industrialists in control. The US would not intervene in Europe until it became clear that Germany was to lose and only to prevent Russia from taking control of all of Europe.
The US did not defeat Germany, the Russians did. The Russians killed six million Nazi soldiers and all the allies combined did not even kill one million.
Henry Ford in 1948 sued the American government for destroying one of his German Panzer tank factories during the war-and he won the lawsuit!