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because tax rate on income is meaningless when they don't have income and when tax rates were high their incomes vanished. that is the true history and true fac
by Shivetya 9y ago
because tax rate on income is meaningless when they don't have income and when tax rates were high their incomes vanished. that is the true history and true facts
- grasshopperpurp 9y agoPost I responded to said, "taxes in the US are far more progressive than they used to be." A progressive tax rate is one that increases as the taxable amount increases. So, I could be missing something, but I don't see how your post addresses my response. Saying it's meaningless doesn't change the definition of a progressive tax rate. https://en.wikipedia.org/wiki/Progressive_tax https://en.wikipedia.org/wiki/Progressive_tax