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MAGA dudes would like America to be “Great Again” but would like you not to Google what the top marginal tax rate was in the pre-civil rights era they are takin
by jslezak 2y ago
MAGA dudes would like America to be “Great Again” but would like you not to Google what the top marginal tax rate was in the pre-civil rights era they are taking us back to (hint: it was 90%)
- smeeger 2y agothis is a common myth. effective tax rate for americas wealthiest men has never been at those levels.
- Spartan-S63 2y agoThey said it perfectly. The top marginal rate was 90%. The effective rate was much lower, but it effectively capped cash salaries, largely for executives.
- smeeger 2y agocash salaries arent important to executives or rich people. they are important to peons which is why they flap their gums about it so much.