That was also the era when top CEO’s were only being paid about 40 times what their low level workers were paid. Currently it is anywhere from 200 to 1,000 to one. It was also the era when top level taxes were far higher than today. Note in the chart that from 1940 to 1963 top level taxes were above 80% and 2/3rds of the time above 90%. The only levels as low as those we have had in recent year were in the 1920s just before the great crash.
http://s158.photobucket.com/user/OnlyObvious/media/Tax_Rates/TopTaxBracket_TaxRate.jpg.html
Thank you for the figures.
Do you think we’re in for a big crash?
I don’t. This market will be between 25 & 30k before Trump’s first administration is done.
Of course that’s baring an international or terrorist act out of his control.
