I wish we could stick Soros in Gitmo! I was reading that for most of US history the rich had a 90% income tax rate! LOL
First of all, there was no income tax until 1914. Secondly, the top marginal rate was 90% only between 1940 and 1965.
Lastly, the greatest growth in the GDP came between 1980 and the present, i.e. when marginal rates were lowered.
Do your homework.
Christus_Rex wrote: “I wish we could stick Soros in Gitmo! I was reading that for most of US history the rich had a 90% income tax rate! LOL”
..... Where exactly did you read the claim of a 90 pct rate “for most of US history? See for example -
http://www.truthandpolitics.org/top-rates.php )
Don’t take this as an attack upon you. I more or less agree with your premise - that our government has evolved into a cynical colony of parasitic political careerists whose principal aim is to enrich themselves and their friends by dispensing “special favors” to those who have learned how to game the DC system and wealthy enough to grease the right palms.