« FFFT Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: From Thom Hartmann's blog... 

By: killthecat in FFFT | Recommend this post (2)
Fri, 24 Jan 14 2:36 AM | 52 view(s)
Boardmark this board | Food For Further Thought
Msg. 60371 of 65535
(This msg. is a reply to 60368 by killthecat)

Jump:
Jump to board:
Jump to msg. #

Americans making over $250,000 in 1944 — over $3.2 million today — paid 69 percent of their total incomes in federal income tax, after exploiting every tax loophole they could find. In 2007, by contrast, America’s 400 highest earners paid just 18.1 percent of their total incomes, after loopholes, in federal tax.

I guess 69% and 18% are about equal.


- - - - -
View Replies (1) »



» You can also:
- - - - -
The above is a reply to the following message:
Re: From Thom Hartmann's blog...
By: killthecat
in FFFT
Fri, 24 Jan 14 2:21 AM
Msg. 60368 of 65535

Ribit:

"...the top tax rates were indeed higher back then, but there were a lot more deductions and exemptions and loopholes. The effective tax rates were about the same as they are now."

And you got this information where? The Koch Bros.?


« FFFT Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next