Y'all are a bunch of wankers!

Rob from the rich...

Per our multiple discussions here, it appears that not so long ago, the US already had heavily taxed the rich:


The highest tax bracket taxed 90+% of income from WW2 to the 60s when it then dropped to 70% and then continued to drop from there.

I guess all the money just went to nukes, the interstates, the space program and public housing (ghettoisation).
Permalink Phil 
January 9th, 2006
Although, as the income tax rates dropped from 1950 - present, the payroll tax rate has increased from 3% to 15.3%, making the overall federal tax system even more regressive.

Permalink Devil's Advocate 
January 10th, 2006

This topic was orginally posted to the off-topic forum of the
Joel on Software discussion board.

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