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Christmas message from america's rich
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<blockquote data-quote="hypocrisy" data-source="post: 918080" data-attributes="member: 9500"><p>Would you argue that the Roaring 20's and 30's were a prosperous time in America?</p><p>1919-20 top tax rate 73% (over $1mil)</p><p>1936-1939 top tax rate 79% (over $5mil)</p><p></p><p>How about the golden 50's?</p><p>Top tax rate ranged from 91-92% over $400,000 from 1950-1963.</p><p></p><p>The mid to late 60's were pretty good too, and top tax rates were 74% on average (over $200k).</p><p></p><p>In the decade I grew up, the 70's tax rates were again 70% on average (over $200k) and I had a better standard of living then than now, though less gadgets and better hair.</p></blockquote><p></p>
[QUOTE="hypocrisy, post: 918080, member: 9500"] Would you argue that the Roaring 20's and 30's were a prosperous time in America? 1919-20 top tax rate 73% (over $1mil) 1936-1939 top tax rate 79% (over $5mil) How about the golden 50's? Top tax rate ranged from 91-92% over $400,000 from 1950-1963. The mid to late 60's were pretty good too, and top tax rates were 74% on average (over $200k). In the decade I grew up, the 70's tax rates were again 70% on average (over $200k) and I had a better standard of living then than now, though less gadgets and better hair. [/QUOTE]
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