To: ifinnegan
Yeah when loopholes were abundant and those rates were never paid.
9 posted on
01/06/2019 7:21:01 PM PST by
CommieCutter
("Trump is god emperor and he will win." -- some hacker)
To: CommieCutter
And it was only paid on the bit of income over the threshold.
Crazy libs think “rich people” used to pay 90% of their income in taxes.
15 posted on
01/06/2019 7:29:43 PM PST by
ifinnegan
(Democrats kill babies and harvest their organs to sell)
To: CommieCutter
Exactly. No one ever paid 90%.
There were loopholes, write offs, and all kinds of ways around those absurd tax rates. There was also income averaging and tax breaks galore.
43 posted on
01/06/2019 8:30:31 PM PST by
july4thfreedomfoundation
(President Trump is right! The media IS the enemy of the people!)
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