Politics

Out of context: Reply #5892

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  • ukit0

    GetRefresh, do you know what the top tax rate was in the 50s? Over 90%.

    In 1980 - 70%.

    Right now, it's 35%. Obama wants to raise it to 38%.

    I seem to remember the economy working just fine before Bush. Is it really the end of the world if we allow his tax cuts which were never intended as permanent to expire?

    • Wow, for every $1M you earn, $380,000 will be taxed/taken away. Absolutely crazy!!!
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