It's part of how we won WW2, by charging 94% fucking tax on income in 1944 for couples making $250,000+
Granted that leaves them with at least $15k for the year, which was enough to survive very comfortably in those days. And they stayed and paid the tax instead of uprooting and moving to fucking cocos islands. They were in a total-war, but they were also patriots at heart.
But the tax brackets didn't decrease much for the "1%'ers" (back then the 0.001%'ers) until the reagan years, when it was decided it would be time to really test out the failed trickle-down economics experiement.
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03-20-2012
Last edited by blumpkin blownuts; 03-20-2012 at 07:12 AM.
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