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Of course because that’s how marginal tax rates work. As to how much actual money was taxed at 91%, we don’t really have records for that but certainly the top
by conception 6mo ago
Of course because that’s how marginal tax rates work.
As to how much actual money was taxed at 91%, we don’t really have records for that but certainly the top 0.01% paid significantly more in taxes as a rate than they do today.
- SoftTalker 6mo agoThere were a lot more tax shelters at that time. You only paid those top rates if you had poor or no financial advice.