francoHFW
Diamond Member
It worked once in 1982 and has been a terrible failure ever since, super dupe. Except for bloating the super rich... And that was cutting the top rate to 50%...All anyone need do is review how things were societally before when we've had at various time frames BOTH 70% and 90% marginal tax rates, there's no mystery around any of it. The corporate state is very nervous.
Yeah why don't you review it dummy. This time pay attention to the tax shelters and investment options that guaranteed the rich never paid anywhere near 70% or 90%. Then pay attention to why this was changed so that the rich would be encouraged to take risks, start new businesses, expand existing businesses, creating jobs for the middle class and wealth to fund welfare for all you mooching deadbeats.