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Posted On: 03/19/2021 9:57:00 AM
Post# of 124629
You need to think before you post, asshole.
I don't argue that the wealthy pay the most and I didn't argue that Reagan cut taxes and created a recession; I knew that he raised them....with roughly the same results....new jobs and GDP increases .....that Clinton got when he raised them.
50% was the marginal rate under Reagan. Got a problem with that, you f'ing PUTZ?
I don't argue that the wealthy pay the most and I didn't argue that Reagan cut taxes and created a recession; I knew that he raised them....with roughly the same results....new jobs and GDP increases .....that Clinton got when he raised them.
50% was the marginal rate under Reagan. Got a problem with that, you f'ing PUTZ?
Quote:
The top marginal tax rate in 1960 was 91%, which applied to income over $200,000 (for single filers) or $400,000 (for married filers) – thresholds which correspond to approximately $1.5 million and $3 million, respectively, in today's dollars.
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