Reply to thread

Message: <blockquote data-quote="brett636" data-source="post: 883894" data-attributes="member: 249">When JFK was talking about cutting taxes on the rich the top tax rate was 91%. He cut it to 70%. In addition he supported treating capital gains as earned income and taxed it at the same rate, 70%.</blockquote>I knew some liberal on here would he quick to point that out, and as I expected you left out the most important part.  The tax code was much different then compared to today.  Deductions were much more numerous so even though the tax rate was 90% or 70% the effective tax rate was much lower.  Even lower than today.  Trying to do your best TOS impression there Jones?  I thought you were better than that.[/QUOTE]