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Nobody paid the 80% tax rate btw, tax system was very diff back then. https://www.aier.org/article/the-rich-never-actually-paid-70-percent/ https://www.aier.or
by bwb 2y ago
Nobody paid the 80% tax rate btw, tax system was very diff back then.
https://www.aier.org/article/the-rich-never-actually-paid-70-percent/ https://www.aier.org/article/the-rich-never-actually-paid-70...
- beej71 2y ago"Persons in the $1 million income filing bracket in 1963 faced an average effective tax rate of just over 40 percent of their adjusted gross income (AGI) for the year." Let's do that, then.