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roamer65

(37,860 posts)

4. I've advocated returning them to the 1982 rate.

Reply to Qutzupalotl (Original post)

Sun Oct 6, 2019, 11:25 PM

Oct 2019

That may be too modest, but given the loss of deductions since then a 50 percent marginal rate would be more like 60 percent.

It would be adjusted for inflation and would be a good first step, along with capital controls to prevent the flight of wealth.

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Highlight:

Watch how radically taxes on the wealthy have fallen over the past 70 years: [View all] Qutzupalotl Oct 2019 OP

Notice how the burden is shifted to lower incomes over time. Qutzupalotl Oct 2019 #1

And the Federal Deficit..... SergeStorms Oct 2019 #5

What will break this, a revolution by the masses? BigmanPigman Oct 2019 #2

Elect progressives. That will help. KPN Oct 2019 #3

I've advocated returning them to the 1982 rate. roamer65 Oct 2019 #4

K&R Jeffersons Ghost Oct 2019 #6