Quote:
Originally Posted by jimjamuser
Just compare the tax brackets and tax % of today to those of 1950 (when the middle class was KING). And it is easy to see that upper-income taxpayers control the US. In other words, fewer and FEWER people (the upper 1%) are controlling everything in the US. As less and less people have more and more power.......WHAT DO YOU END UP WITH.........a dictatorship like Hitlers or the current Russian despot. America is headed that way, I hope smart people like the other poster realize this simple fact.
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I've explained that "factoid" many times.
Yes, the "MARGINAL" tax rates were higher, but there were SOOOO may deductions that the "EFFECTIVE" rates they were paying back then were LOWER that what they pay now...
I've cited articles, links to prove this. Yet you continue to ignore the facts and post the same nonsense over and over again...