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What should be considered is not the maximal tax rate but the effective tax rate (after deductions, evasions and so forth). Do you have any doubt that with the
by flyinglizard 14y ago
What should be considered is not the maximal tax rate but the effective tax rate (after deductions, evasions and so forth).
Do you have any doubt that with the paper accounting of the 50's it was significantly easier to evade paying taxes? Do you really think anyone actually paid 70%?