- May 20, 2009
- 144,469
- 66,861
- 2,330
The income tax rate jumped to 63% on 1% in 1932! Could this be the Depression Era.
A tax rate of over 50% (peaking at 94%) is nothing less than highway robbery. Don't you feel guilty that you support such injustice?
Great Depression was caused by tax increase and Big Gubbamint spending
1925 to 1929 the 1% tax rate was 25 , much lower than it had been for years.
Um, are you trying to defeat your own arguments?