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Reply #73: Marginal rates much higher than 70% did not kill the economy [View All]

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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-17-09 11:20 AM
Response to Reply #69
73. Marginal rates much higher than 70% did not kill the economy
The marginal rate was much higher than that, at times, in this country. Funny, those were the years there was some mobility in the working and middle classes.

Here's a link to the historical top marginal rates in our history:

http://www.truthandpolitics.org/top-rates.php


Tell me we weren't doing better in the decades where the rate was higher. BTW check out the top marginal rates in 1928 and 1929. Just interesting to me to see a high rate in 1918 which began to be cut until it was down to 25% in 1928 and 1929. Now what is it called when we keep falling for the same trickle down crap and expecting a different result?
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