Re(1): Historical Highest Marginal Income tax Rates Posted on 1/19/2019 at 15:56:49 by Pete Schoeffel
It's not nearly as bad as the high ones sound. The Wall Street Journal had an article on the subject today. In actual fact, the people with incomes subject to the high rates rarely paid (on their average tax) more than about a third of the max.
If we (the country) are not going to end up soon paying more for interest on the debt than for the government, we need to increase taxes, especially reaching more into the middle calass. That's what paid off the war debt after WWII Replies: There have been no replies.