4 ms·
how do you then explain the period from 1925 (post war reductions) to 1940 where the top tax rate was increased to finance government during the great depressio
by awinder 7y ago
how do you then explain the period from 1925 (post war reductions) to 1940 where the top tax rate was increased to finance government during the great depression?
- dsfyu404ed 7y agoThe great depression was a de-facto national emergency and the responses at the federal level reflect that.
- awinder 7y agoyeah that's still a 100% increase in the number of cases where federal funding is necessary given what the parent poster claimed. also now that we've expanded the pool to include emergencies, all we need to do is coach any argument into emergency classification (national debt, global warming, economic imbalances) for it to justify increased taxation.