Hey HondoBros
Comments
-
It’s not fucking possible you are this stupid...it shows data consistent with the assertion about 1950. Good grief...MikeDamone said:
You said 1950 dumb ass. And 70%. Not 1945, which was tail end of ww2 and 70%.GDS said:
Your source material was. You seriously can not be this fucking stupid....MikeDamone said:
Who was taking about 1945? Hondo level goal post move. Good job. Apples to dogshitGDS said:
you love comparing apples to dogshit don't you. From your own fucking linkMikeDamone said:https://mises.org/library/good-ol-days-when-tax-rates-were-90-percent
“A study from the Congressional Research Service concludes that the effective tax rate for the top 0.01 percent of income earners during the period of 91-percent income taxes was actually 45 percent. Given that the top bracket is so much lower today ($3,425,766 in 1955 vs. $413,200 in 2015), the 39.6 percent top marginal rate probably yields something pretty close.”
Bottom line, effective tax rates haven’t changed much in 60 years. Sorry that hurts your vag.
The average tax rate for the top 0.01% (one taxpayer in 10,000) was about 60% in 1945 and fell to 24.2% by 1990.
Again even the top 0.01% is a much larger group than the top 400 income earners.
So sure, let’s discuss something that was never asserted. -
Keep ignoring this you dishonest fuck.GDS said:
It’s not fucking possible you are this stupid...it shows data consistent with the assertion about 1950. Good grief...MikeDamone said:
You said 1950 dumb ass. And 70%. Not 1945, which was tail end of ww2 and 70%.GDS said:
Your source material was. You seriously can not be this fucking stupid....MikeDamone said:
Who was taking about 1945? Hondo level goal post move. Good job. Apples to dogshitGDS said:
you love comparing apples to dogshit don't you. From your own fucking linkMikeDamone said:https://mises.org/library/good-ol-days-when-tax-rates-were-90-percent
“A study from the Congressional Research Service concludes that the effective tax rate for the top 0.01 percent of income earners during the period of 91-percent income taxes was actually 45 percent. Given that the top bracket is so much lower today ($3,425,766 in 1955 vs. $413,200 in 2015), the 39.6 percent top marginal rate probably yields something pretty close.”
Bottom line, effective tax rates haven’t changed much in 60 years. Sorry that hurts your vag.
The average tax rate for the top 0.01% (one taxpayer in 10,000) was about 60% in 1945 and fell to 24.2% by 1990.
Again even the top 0.01% is a much larger group than the top 400 income earners.
So sure, let’s discuss something that was never asserted.
The effective tax rate for the top 0.01 percent of income earners during the period of 91-percent income taxes was actually 45 percent. Given that the top bracket is so much lower today ($3,425,766 in 1955 vs. $413,200 in 2015), the 39.6 percent top marginal rate probably yields something pretty close. -
Haha so by Mike dumbass logic my reply should be no one was talking about 0.01% group in 1955!!! We were discussing top 400 in 1950!MikeDamone said:
Keep ignoring this you dishonest fuck.GDS said:
It’s not fucking possible you are this stupid...it shows data consistent with the assertion about 1950. Good grief...MikeDamone said:
You said 1950 dumb ass. And 70%. Not 1945, which was tail end of ww2 and 70%.GDS said:
Your source material was. You seriously can not be this fucking stupid....MikeDamone said:
Who was taking about 1945? Hondo level goal post move. Good job. Apples to dogshitGDS said:
you love comparing apples to dogshit don't you. From your own fucking linkMikeDamone said:https://mises.org/library/good-ol-days-when-tax-rates-were-90-percent
“A study from the Congressional Research Service concludes that the effective tax rate for the top 0.01 percent of income earners during the period of 91-percent income taxes was actually 45 percent. Given that the top bracket is so much lower today ($3,425,766 in 1955 vs. $413,200 in 2015), the 39.6 percent top marginal rate probably yields something pretty close.”
Bottom line, effective tax rates haven’t changed much in 60 years. Sorry that hurts your vag.
The average tax rate for the top 0.01% (one taxpayer in 10,000) was about 60% in 1945 and fell to 24.2% by 1990.
Again even the top 0.01% is a much larger group than the top 400 income earners.
So sure, let’s discuss something that was never asserted.
The effective tax rate for the top 0.01 percent of income earners during the period of 91-percent income taxes was actually 45 percent. Given that the top bracket is so much lower today ($3,425,766 in 1955 vs. $413,200 in 2015), the 39.6 percent top marginal rate probably yields something pretty close.”
