lionkoy5555@lemmy.world to No Stupid Questions@lemmy.world · 2 days agoIs it really possible to tax the rich?message-squaremessage-square45fedilinkarrow-up1109file-text
arrow-up1109message-squareIs it really possible to tax the rich?lionkoy5555@lemmy.world to No Stupid Questions@lemmy.world · 2 days agomessage-square45fedilinkfile-text
minus-squaredisguy_ovahea@lemmy.worldlinkfedilinkarrow-up44·2 days agoThe highest bracket was taxed at 70% until Reagan’s first plan in 1981 lowered it to 50%. It’s currently at 37% under Trump’s 2018 tax plan. https://taxfoundation.org/data/all/federal/historical-income-tax-rates-brackets/
The highest bracket was taxed at 70% until Reagan’s first plan in 1981 lowered it to 50%.
It’s currently at 37% under Trump’s 2018 tax plan.
https://taxfoundation.org/data/all/federal/historical-income-tax-rates-brackets/