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re: In 2015, top 20% of income earners paid 83.9% of all federal income taxes

Posted on 9/28/17 at 11:58 am to
Posted by udtiger
Over your left shoulder
Member since Nov 2006
99174 posts
Posted on 9/28/17 at 11:58 am to
quote:

when the richest tax bracket paid 90-something percent.


This NEVER happened.
Posted by Machine
Earth
Member since May 2011
6001 posts
Posted on 9/28/17 at 12:00 pm to
quote:

This NEVER happened.


keep that head in sand
Posted by Nuts4LSU
Washington, DC
Member since Oct 2003
25468 posts
Posted on 9/28/17 at 12:01 pm to
quote:

This NEVER happened.


Yes, it did. The highest tax bracket was at one time over 90%. And that was when the U.S. economy boomed like never before or since. I'm not saying the high tax rate caused the boom, but I am saying it sure as hell didn't stop it or prevent it as many today claim higher taxes do.
This post was edited on 9/28/17 at 12:02 pm
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