Y
Hacker News
new
|
ask
|
show
|
jobs
by
bwb
632 days ago
Nobody paid the 80% tax rate btw, tax system was very diff back then.
https://www.aier.org/article/the-rich-never-actually-paid-70...
1 comments
beej71
631 days ago
"Persons in the $1 million income filing bracket in 1963 faced an average effective tax rate of just over 40 percent of their adjusted gross income (AGI) for the year."
Let's do that, then.
link
Let's do that, then.