Syphon
Rookie
- Feb 22, 2012
- 1,449
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- Banned
- #61
so the highest tax rate was never 91%?This point has been debunked here so many times it is amazing that you still repeat it. I guess some people simply cannot stop parroting shit they read elsewhere, even when they are shown they are wrong.You realize your post didnt respond to anything you quoted, right?
Maybe this is because all you can do is bitch and moan about how gov't needs to help people and give them shit.
I've known plenty of people from west TN (I live in middle TN). None of them ever bitched as much as you do. Nor did they think gummint was the answer.
I personally think you're a fake from suburban LA.
This country has always used a progressive marginal tax system. We used to pay our way......before Reagan. In the 1950's under a Republican president(Dwight Eisenhower) anyone who earned more than $300,000 a year paid 91% of the excess to the government. Here's the way it looks now:
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The Tax Foundation - U.S. Federal Individual Income Tax Rates History, 1913-2011 (Nominal and Inflation-Adjusted Brackets)
strange, this say differently....
personally my favorite is 1944 - 92% top tax rate, 1963 - 91% top tax rate. then it was lowered to 70% until 1982 when it hit 50% before the GOP and Reagan slashed it even more....
guess you forgot about that part of history...