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Aerobracero

(1 post)

13. In 1956 the Federal Top Income Tax Rage was 91% on incomes above $200K

Reply to graywarrior (Original post)

Sun Aug 26, 2012, 06:02 PM

Aug 2012

Capital Gains 25%. $200K is equivalent to about to around $2 Million today. It got us out of the WWII debt.

People forget that the US basically used to believe in basically a top salary. Unfortunately, not raising the upper salary target as fast as inflation led to the federal gov having too much money to spend and high rate taxes effecting more just the rich which caused the Reagan Revolution which led us to the problems we have now. T

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Republican Party Platform of 1956 [View all] graywarrior Aug 2012 OP

Yeah, back when Republicans had been chastized Warpy Aug 2012 #1

Speaking of John Birchers 90-percent Aug 2012 #14

someone needs to do a meme comparing 56 to 12.... it would be a sad comparison DonRedwood Aug 2012 #2

unrecognizable. barbtries Aug 2012 #3

They've gone against everything they believed back then graywarrior Aug 2012 #4

yep. barbtries Aug 2012 #9

Actually 56 looks just like 12. Brewinblue Aug 2012 #11

With today's "liberally-biased media"? zbdent Aug 2012 #17

they are warp speed and light years from any sense of their old selves spanone Aug 2012 #5

That's what corporate influence does graywarrior Aug 2012 #6

They've fallen right off the cliff and into the abyss.. nc4bo Aug 2012 #7

"Assure equal pay for equal work regardless of Sex" 1956! Republican! Wow. Bernardo de La Paz Aug 2012 #8

remember when Repulicans were into governance and not instituting a religious agenda? TeamPooka Aug 2012 #10

No, I don't think I was alive back then. IrishEyes Aug 2012 #12

Yes, I remember oldsarge54 Aug 2012 #26

In 1956 the Federal Top Income Tax Rage was 91% on incomes above $200K Aerobracero Aug 2012 #13

Very interesting. proud2BlibKansan Aug 2012 #15

No one can recognize that ReTHUG party malaise Aug 2012 #16

That would give Limbaugh Dysentery! get the red out Aug 2012 #18

CSpan was showing some of the repug convention speechs from former conventions yesterday. Raine Aug 2012 #19

amazing stupidicus Aug 2012 #20

Devolution of the Republican Party (cartoons) Bernardo de La Paz Aug 2012 #21

"We shall continue vigorously to support the United Nations." Also was there but now the opposite! Bernardo de La Paz Aug 2012 #22

What was considered middle of the road then nineteen50 Aug 2012 #23

I wonder if the present crop has even read this document. graywarrior Aug 2012 #24

Democratic Party Platform of 1956 Mrs. Ted Nancy Aug 2012 #25

Wow!! ! ! ! graywarrior Aug 2012 #27

jOE MC CARTHY WAS A REPUKE nvme Aug 2012 #28

He's come back from the dead graywarrior Aug 2012 #29

As VP Biden keeps saying on the stump "this ain't your father's Republican party, folks" . jillan Aug 2012 #30