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To be truly comparative, the chart also needs to include, for each year, the median and average household incomes for each tax year as well. Knowing that in 19
by uuoc 16y ago
To be truly comparative, the chart also needs to include, for each year, the median and average household incomes for each tax year as well.
Knowing that in 1917 those making over $2million were taxed at 67% is fine, but without converting $2million into todays dollar value, it is hard to compare the relative effect.
- corysama 16y agohttp://www.wolframalpha.com/input/?i=2+million+dollars+from+1917 http://www.wolframalpha.com/input/?i=2+million+dollars+from+... $ 33.73 million(2010 US dollars)