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Why do people keep asking for the old days with the 91% tax rate? Do they realize that today the effective tax rate is nearly the same as it was then. Not only that but today the 'rich' carry a far larger percentage of the overall tax burden.


That's very odd, putting 'rich' in quotes like that.

It's as though you're trying to imply they're not really rich. But that would mean that it's not the rich who're carrying a larger percentage of the tax burden after all. Which negates the very point you were trying to make! You seem a little conflicted on this issue ;-)


[citation needed]


The contention is that 1950s tax law enabled tax shelters which allowed wealthy filers to heavily reduce their income tax bill.

http://online.wsj.com/article/SB1000142412788732470510457815...


Even if the rich paid 100% in taxes, there will still be people complaining...




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