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To: NoLibZone

“They call for rates that cant be collected.”

IIRC, America had a 91% top federal income tax rate in the late 1950’s.


19 posted on 02/29/2012 8:17:29 PM PST by SaxxonWoods (....The days are long, but the years are short.....)
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To: SaxxonWoods

And nobody actually paid those tax rates. They found ways around it.


20 posted on 02/29/2012 8:20:14 PM PST by ConjunctionJunction
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To: SaxxonWoods
“They call for rates that cant be collected.”

IIRC, America had a 91% top federal income tax rate in the late 1950’s.


And the UK had a 95% top income tax rate in the 60’s.

Check out the words to the Beatles song “The Taxman”...:^)

25 posted on 02/29/2012 10:14:34 PM PST by az_gila
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