politics

I know an easy way to balance our budget and to make America great again. Let’s go back to 1920’s taxes adjusted to inflation.

How about 1940s-60s when the USA was thriving and the top marginal tax rate was 90%+?

I like pleasure spiked with blockchain and music is my aeroplane. It's my aeroplane. @pizzadao underboss & /politics contributor. Featured in "Number Go Up"

When @icetoad.eth says America was thriving under 90% marginal tax rates for the top earners he fails to mention  that the top earners actual effective tax rate was 30-40% in the 1950s because of various loopholes, deductions, and exemptions that existed back then. People love to share that 90% marginal tax rate statistic without the context of the actual effective tax rate.