4 ms·
This would simply be a return to the tax code of the 1950s. (Which I think would be a good thing, to be clear.)
by aaronbrethorst 8y ago
This would simply be a return to the tax code of the 1950s. (Which I think would be a good thing, to be clear.)
- refurb 8y agoThe effective tax rate in the 1950's isn't that much different than it is now.[1] The tax code back then had some very generous deductions, so people rarely paid the 90% marginal rates. [1]https://taxfoundation.org/taxes-rich-1950-not-high/ https://taxfoundation.org/taxes-rich-1950-not-high/