jeffw@lemmy.worldM to News@lemmy.world · 28 days ago'Let's Go!' Top Economist Applauds as Harris Signals Support for Billionaires Taxwww.commondreams.orgexternal-linkmessage-square103fedilinkarrow-up1754arrow-down116
arrow-up1738arrow-down1external-link'Let's Go!' Top Economist Applauds as Harris Signals Support for Billionaires Taxwww.commondreams.orgjeffw@lemmy.worldM to News@lemmy.world · 28 days agomessage-square103fedilink
minus-squarerusticus@lemm.eelinkfedilinkarrow-up27·27 days agoIn the 1950s the top marginal tax rate for couples filing jointly making over $400,000/year was 91%. Adjusting for inflation, that’s $5,200,000. Just to put our current tax structure in context.
In the 1950s the top marginal tax rate for couples filing jointly making over $400,000/year was 91%. Adjusting for inflation, that’s $5,200,000. Just to put our current tax structure in context.