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ProfessorGAC

(76,585 posts)

4. This Again?

Reply to Stargazer99 (Original post)

Thu Mar 19, 2026, 12:47 PM

13 hrs ago

Almost nobody paid 90%. There were so many deductions & shelters.
That's why Kennedy lowered the maximum rate but amended the dodges so the effective tax rate went up.
The magical 90% thing is a canard, because so few people paid at that rate rendered it almost moot.
There were people who earned at the 90% rate, but paid more like 50%, maybe 60%.

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betsuni

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It is time to tax the wealthy 90 per cent again to pay for the new war [View all] Stargazer99 13 hrs ago OP

No. To pay for healthcare leftstreet 13 hrs ago #1

THIS. lastlib 12 hrs ago #11

ding, this , we cant afford heathcare , but we can play with hi tc bang bangs..:( AllaN01Bear 12 hrs ago #14

To pay for everything that has been taken, for every self-interested vote that harmed society MadameButterfly 11 hrs ago #15

Tax them to pay for all the damage they have done to our country. Eat the rich! Whyisthisstillclose 13 hrs ago #2

Corporations are doing well, Profits could be taxed. pwb 13 hrs ago #3

This Again? ProfessorGAC 13 hrs ago #4

Exactly. It's a faulty argument, mostly. MineralMan 12 hrs ago #10

Thank you. There's a myth of a socialist past we must get back to: Make America Socialist Again. betsuni 3 hrs ago #17

Obvious HarborMaster 13 hrs ago #5

The rich don't have or need income. They have get more stuff. multigraincracker 13 hrs ago #6

It's long past time. Iggo 13 hrs ago #7

I'm surprised that as much as some social conservatives think the 1950s and 1960s were the peak of the middle class.. biocube 12 hrs ago #8

I love the idea that they are taxed 100% for anything over 1 Billion. Ferrets are Cool 12 hrs ago #9

This message was self-deleted by its author PeaceWave 12 hrs ago #12

Obscene wealth is a national security threat Fullduplexxx 12 hrs ago #13

How Much Is Enough? 2na fisherman 11 hrs ago #16