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Honeycombe8

(37,648 posts)
86. I didn't say "paid." I said the tax rate used to be 90%. Indeed it was. Over 90%, actually.
Fri Jan 11, 2019, 10:19 AM
Jan 2019
https://www.irs.gov/statistics/soi-tax-stats-historical-table-23

Some upper brackets have been as follows (the lower bracket changes, too, and the levels of income that apply to the brackets changes). The exemptions and deductions change, too.

1944- 23% lower bracket to 94% upper
1950s - 91% to 92%
1964 - Lowered from 91% to 77%
1965 - Lowered fr 77% to 70%
1968- 75.25%
1969- 77%
1970- 71.75%
1970s- 70%
and so on.

So Democrats have been effective in working on a more fair tax system. My post was in response to criticism that the Democrats in Congress have been ineffectual up to now, and pointed out the unfair top tax rate. I pointed out that, as recently happened, the Democrats when not in power can do only so much. But they have done much over the years, when in power...and done as much as they could to stop the opposition from doing worse at times. Example: The Dems in the House just passed a bill to reopen the govt, but McConnell in the Senate has stopped it. There's nothing the Senate Democrats can do about that.

It is not a Republican talking point to point out that the Democrats have passed legislation in the past to make the tax system more fair for ordinary Americans. But when the opposition gets into power, they work to undo what the Democrats did. And when the Democrats get into power, they work to undo what the Republicans did. That's the way it tends to work.

There is a spreadsheet to download on that IRS page. Most notable is the taxable income range changes along with the upper tax rate. The spreadsheet is through 2015.

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Anderson Cooper is a good guy but when you look at his roots you understand why he thinks Autumn Jan 2019 #1
Anderson Cooper is the radical... time for him & his 1% pals to pay the fuck up!! InAbLuEsTaTe Jan 2019 #2
His net worth is $ 100 million. So yeah fair taxes to that bracket are radical. nt Autumn Jan 2019 #10
Supposedly Cooper gets none of the family fortune rurallib Jan 2019 #4
Anderson Cooper Vanderbilt ... aggiesal Jan 2019 #7
In case you don't know, Cooper is the only surviving child of Gloria Vanderbilt... hedda_foil Jan 2019 #23
Yeah I knew that but wanted to be careful how I phrased it. Autumn Jan 2019 #32
This is why AOC is so important. ZX86 Jan 2019 #3
BBBut didn't someone say she should sit down and learn at the feet Ford_Prefect Jan 2019 #5
The article doesn't give her accolades for disrespecting those who did the work... Honeycombe8 Jan 2019 #9
If they have accomplished so much why do the wealthy have a lower tax rate than say a secretary? Autumn Jan 2019 #11
You've just seen why. There are consequences to losing elections. Honeycombe8 Jan 2019 #20
And yet a WOC who won her election and is bringing the idea mainstream is Autumn Jan 2019 #34
I don't know how old you are... Honeycombe8 Jan 2019 #36
I'm in my 60s and I well remember bills being passed that did not benefit American people. Autumn Jan 2019 #38
40 or 50 years ago, the wealthy tax rate was 90%. Honeycombe8 Jan 2019 #45
In 1981 the tax rate was cut to 50% and it's gone down with just a Autumn Jan 2019 #46
No one ever paid 90%. shanny Jan 2019 #80
I didn't say "paid." I said the tax rate used to be 90%. Indeed it was. Over 90%, actually. Honeycombe8 Jan 2019 #86
the top marginal rate shanny Jan 2019 #87
Wow, that was a whole bunch of condescension packed in there hueymahl Jan 2019 #39
⬆️ This. ⬆️ JudyM Jan 2019 #43
+1 crazycatlady Jan 2019 #49
You kids, Get off my Lawn! hueymahl Jan 2019 #66
I'm an 80s baby myself crazycatlady Jan 2019 #70
Google the repug party. That's why tax rates on the wealthy are so low. brush Jan 2019 #53
I don't have to google. Elections have consequences as has been pointed several times Autumn Jan 2019 #57
The title of your post seems to say something different. brush Jan 2019 #58
Then read past the title or ignore it. Autumn Jan 2019 #59
I read both title and article. If the title is not what you mean, change it. brush Jan 2019 #60
But she still has 1st amendment rights Trumpocalypse Jan 2019 #12
For now...n/t bluecollar2 Jan 2019 #31
"No one is all good or all bad" - I have to challenge you on this one - Trump is all bad womanofthehills Jan 2019 #13
She got elected and took down Crowley. Autumn Jan 2019 #47
I don't recall Rosa Parks ZX86 Jan 2019 #14
Very well said nt Trumpocalypse Jan 2019 #15
Oh, I see. This is a Pelosi vs. Cortez thing. Honeycombe8 Jan 2019 #21
This right here Autumn Jan 2019 #48
Surely, you're not putting Ocasio-Cortez in the same category as or comparing her to Rosa Parks? EffieBlack Jan 2019 #52
Yes I am. ZX86 Jan 2019 #54
Wow. EffieBlack Jan 2019 #55
Enthusiastic support of Democrats surprises you? ZX86 Jan 2019 #56
No. EffieBlack Jan 2019 #61
Wow. ZX86 Jan 2019 #62
So you're diminishing Rosa Parks' importance because she wasn't a politician? ehrnst Jan 2019 #63
If only Mrs. Parks had lived up to the legacy of Rep. Ocasio-Cortez EffieBlack Jan 2019 #67
Someone also said that the AOCs of the world need to allow themselves to be mothered... SMC22307 Jan 2019 #16
Yup, yup... but that's usually the way WOC are disrespectful treated... InAbLuEsTaTe Jan 2019 #17
And she's outstanding at debunking their KPN Jan 2019 #6
You can say that again!! AOC is an absolute treasure!! InAbLuEsTaTe Jan 2019 #18
'xactly shanny Jan 2019 #78
I'd caution references to Overton Theory JHan Jan 2019 #8
Thanks for that information on where "Overton Window" originated. ehrnst Jan 2019 #24
Lol--The New Republic shanny Jan 2019 #81
If u have a problem with anything she said point it out JHan Jan 2019 #82
"elitist libertarian concept" shanny Jan 2019 #83
Again,, nothing u can point to JHan Jan 2019 #84
Disagree. Caliman73 Jan 2019 #19
Excellent post nt EffieBlack Jan 2019 #22
+1000. ehrnst Jan 2019 #25
+1 /nt LongtimeAZDem Jan 2019 #26
totally agree scarytomcat Jan 2019 #27
well said NewJeffCT Jan 2019 #29
agree with this as well, except about the silencing. its harder to put the cork back in nt JCanete Jan 2019 #37
Do you remember when Howard Dean was on his meteoric rise? Caliman73 Jan 2019 #42
The outburst of emotion was the night of the Iowa caucuses which he was expected to win karynnj Jan 2019 #73
Oh yeah, but that is a little different. That's intentionally making a candidate implode. JCanete Jan 2019 #79
Not to take anything away from AOC, but... Blue_Tires Jan 2019 #28
Every generation thinks they invented air EffieBlack Jan 2019 #30
The Republican con job about gov't, taxes and business good DeminPennswoods Jan 2019 #33
My point is EffieBlack Jan 2019 #35
People have been speaking about many things for years and no one listened hueymahl Jan 2019 #41
Exactly DeminPennswoods Jan 2019 #44
No one listened? EffieBlack Jan 2019 #50
Ok, if you want to play word games hueymahl Jan 2019 #65
But thank God, Rep. Ocasio-Cortez came along to sound the call for the world to hear EffieBlack Jan 2019 #68
You are hilarious hueymahl Jan 2019 #72
Whatever EffieBlack Jan 2019 #74
Ha! Exactly. betsuni Jan 2019 #75
It's just funny, every post about her, there you are hueymahl Jan 2019 #76
Actually, I don't have time to respond to the hundreds and hundreds of posts about her EffieBlack Jan 2019 #77
I would say that the millenials stepping forward have learned an awful lot about our history hueymahl Jan 2019 #40
As I said, every generation thinks the previous one "royally screwed up" EffieBlack Jan 2019 #51
As a member of the previous generation hueymahl Jan 2019 #64
Sure. That's why the "Greatest Generation" got called that Mariana Jan 2019 #69
They weren't called that until several decades after EffieBlack Jan 2019 #71
in fact the young people back then were even more JI7 Jan 2019 #85
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