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To: Christus_Rex
I was reading that for most of US history the rich had a 90% income tax rate!

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.

87 posted on 03/29/2011 9:58:16 PM PDT by facedown (Armed in the Heartland)
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To: facedown

It was a joke, hence the LOL.


100 posted on 03/29/2011 10:07:55 PM PDT by Christus_Rex
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