If you think taxes are bad now, look back a few decades ago

Look backward, then look forward. The year was 1940. The tax rate for very wealthy individuals was an astounding 81 percent. History plays an important role concerning the economic direction of tax rates. During the early 1920s, the top marginal tax rate for a married couple filing jointly and earning $100,000 was about 25 percent. Credit was ...

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If you think taxes are bad now, look back a few decades ago

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