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TopicUnder JFK, the wealthy paid 91% of their earnings in income taxes
averagejoel
09/23/17 1:53:31 PM
#28:


MaverickXeo posted...
Fecundity posted...
Go_Totodile posted...
91%? Holy shit

Ya it got slashed to 70 under JFK and then 50 under Reagan and today It's only 40, way too low our country is broke :t


And yet, prior to 1913, only the very richest people paid taxes and the country wasn't 'broke.'

50 years before that, a huge portion of that wealth came from slave labour
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