3 ms·
> and why we never had millionaires back when the top bracket was > 90% Over 20% of the money in circulation in the US was printed last year. i.e. the pot is m
by sriram_sun 6y ago
> and why we never had millionaires back when the top bracket was > 90%
Over 20% of the money in circulation in the US was printed last year. i.e. the pot is much bigger now. Also, while tax rates were high back then, loopholes were proportionately larger!