4 ms·
as others stated there were a lot more loopholes the other thing people don't mention is that companies got around higher tax rates by giving benefits like com
by ren_engineer 4y ago
as others stated there were a lot more loopholes
the other thing people don't mention is that companies got around higher tax rates by giving benefits like company cars and other things to entice employees when giving a higher salary would be stupid due to high tax rates. This is how things like health insurance ended up getting tied to employment, always unintended consequences
- sharkmerry 4y agoIt actually wasnt taxes with health insurance. They froze wages during ww2 but exempted health insurance from the cap. Same result. different cause (in this case)
- calvinmorrison 4y agoI was going to bring this up! good call out