In 1953 the top margin tax rate was 92% for income over $400,000. That’s about $4,000,000 today adjusting for inflation. In 1953 we had a strong middle class. Today we do not. Maybe stop spouting Republican lies that have led us to the highest wealth inequality in US history.
In 1953 the top margin tax rate was 92% for income over $400,000. That’s about $4,000,000 today adjusting for inflation. In 1953 we had a strong middle class. Today we do not. Maybe stop spouting Republican lies that have led us to the highest wealth inequality in US history.