antagon
The Man
- Dec 6, 2009
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Lest you forget, even though you have been told numerous times, that the inclusion of what was income and the deduction systems were much different back then as well....
But it does not matter to the likes of you who supports a system of selective equality.. when equality benefits you it is great, when inequality towards someone benefits you, that is OK then too
Indeed. Federal tax receipts as a % of GDP were 14.4% in the 1950s - the tax code was set up so that the exclusions and deductions resulted in a lower tax burden than today.
Fiscal Facts & Figures
there's some gross inaccuracies here.
total federal revenues were 14.4% of the GDP in the 50s. tax is not nearly all of the governments revenue. since reagan, id say its less than half of the fed's receipts, what with the voodoo and all.