General Discussion

GoldenOldie

(1,540 posts)

51. Please check out US Tax Rates paid during late 1940 - 1950's

Mon Dec 10, 2012, 01:25 PM

Dec 2012

This is the period when Interstate Highways, and much of our infrastructure growth was accomplished......new schools built, VA college benefits/college grads, home ownership, along with re-building Europe. My hourly salary during the early 50's, was $.70 an hour. At that time the extremely wealthy were paying up to 90%. We all shared in the hardships of the pre and post-war and our Nation thrived.

Now, the Mitt Romney's who are multi-billionaires/millionaires are bitching because they arehaving to pay as little as 15% on a small portion of their wealth, but hiding the majority of their wealth in Foreign countries. Because of the lust for more money and power we now lay claim to crumbling infrastucture....roads, bridges, schools, and lives. and it is accepted.....because "they built," their wealth????

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Va te faire foutre, Gerard Depardieu [View all] marmar Dec 2012 OP

They would have sided with the Vichy regime. alfredo Dec 2012 #1

I don't blame him. I would, too. France has a wealth tax? Wow. No wonder Depp is moving. nt Honeycombe8 Dec 2012 #2

You don't blame him for being a greedy a-hole? marmar Dec 2012 #3

I don't blame him for not wanting to give to the govt half of his wealth....not just his income. Honeycombe8 Dec 2012 #15

but he's happy to use the free services, though. btw, he doesn't give the gov't half his income. HiPointDem Dec 2012 #31

"no problems if he doesn't want to pay the taxes, let him renounce his citizenship." tledford Dec 2012 #64

The maximum wealth tax rate is 1.8%, above 16 million Euros muriel_volestrangler Dec 2012 #39

The Beatles established residency in Monaco when British taxes became punitive banned from Kos Dec 2012 #4

McCartney doesn't live in Britain, to begin with. nt Honeycombe8 Dec 2012 #16

He has a residence is East Sussex, England and in Scotland. marmar Dec 2012 #20

Rod Stewart moved to America from Britain years ago, for tax reasons. nt Honeycombe8 Dec 2012 #17

Then he's a greedy asshole too. Nt laundry_queen Dec 2012 #58

Not in my opinion. A progressive tax makes sense to me, but taxing what a person owns... Honeycombe8 Dec 2012 #62

Well I simply disagree laundry_queen Dec 2012 #69

And JK Rowling, who is at least as rich as they, Lydia Leftcoast Dec 2012 #26

I don't blame any of them LTR Dec 2012 #59

Johnny moved too ChazII Dec 2012 #5

Idiots like that act as if they'd starve if they made ONLY two million dollars a year Lydia Leftcoast Dec 2012 #6

People act so high and mighty, when it's not their money. YOu wouldn't want to give away half Honeycombe8 Dec 2012 #18

Really? Who's acting high and mighty? Lydia Leftcoast Dec 2012 #24

So you think estate taxes should be abolished? Warren Stupidity Dec 2012 #30

the money was taxed when you made it? how's that? HiPointDem Dec 2012 #32

So, estate taxes should go away too? nadinbrzezinski Dec 2012 #43

I would. Chan790 Dec 2012 #45

Well there you go again, exposing your true nature and projecting it on others. Egalitarian Thug Dec 2012 #49

Get a clue ... Democracyinkind Dec 2012 #54

Oh Good Gawd I Am Applauding! HangOnKids Dec 2012 #57

Bon Voyage. Starry Messenger Dec 2012 #7

That's horrible. I was just in Brussels in October and found it incredibly advanced. I'm surprised CTyankee Dec 2012 #23

He, actually. Starry Messenger Dec 2012 #70

I am wondering if he was in contact with a bad virus on his flight home. I had a similar problem CTyankee Dec 2012 #71

He's usually pretty hardy, with an immune system of steel. Starry Messenger Dec 2012 #72

I've never had a problem in the western European countries I have visited. CTyankee Dec 2012 #74

France will survive Enrique Dec 2012 #8

Wow. Who would have thought that when France imposed a 75% tax rate on the rich, Nye Bevan Dec 2012 #9

Weeds out the selfish RobertEarl Dec 2012 #10

I guess US states could use the same approach. Nye Bevan Dec 2012 #11

And go where? RobertEarl Dec 2012 #12

It's not greed. Would YOU want to pay income tax on money you earned, then additional Honeycombe8 Dec 2012 #19

You against property tax? RobertEarl Dec 2012 #35

I said the govt tax was ABOVE the other fees and taxes for property & $ you own. You against Honeycombe8 Dec 2012 #63

Stop making things up - it makes you look ridiculous muriel_volestrangler Dec 2012 #40

Actually, it's not 1.8%. But in any case, it's a stupid tax. France is the ONLY European country Honeycombe8 Dec 2012 #65

"heavy tax on what you OWN" = wealth-tax of 1.8%? Chan790 Dec 2012 #46

Many people get those benefits w/o having to pay that tax. Taht's not what the tax is for. Honeycombe8 Dec 2012 #66

I pay all of the above and am not "oppressed" Democracyinkind Dec 2012 #56

Those taxes don't fund anything. It's estimated that France loses $2B a year... Honeycombe8 Dec 2012 #67

I live in Europe. Pay income, wealth tax. Democracyinkind Dec 2012 #73

75% MARGINAL rate Lydia Leftcoast Dec 2012 #25

Maybe. But when people can save millions a yearby relocating from Paris Nye Bevan Dec 2012 #28

If they can "save millions," then they're already more fortunate than 99.9% Lydia Leftcoast Dec 2012 #36

please give evidence of this 75% rate, because my research says top rate = 48% & only for HiPointDem Dec 2012 #33

. Nye Bevan Dec 2012 #34

that's a temporary marginal rate on income over a million euro. not on all his income. HiPointDem Dec 2012 #37

OK. So if someone earns 10 million euro, they will pay 75% tax on 9 million of that. Nye Bevan Dec 2012 #38

the logical thing is to renounce your citizenship, since the reason for the temporary tax is HiPointDem Dec 2012 #41

I don't think that's necessary, as I believe that the tax is based upon residency, not citizenship Nye Bevan Dec 2012 #42

i don't care what it's based on; if you won't pay taxes in a fiscal emergency when you are more HiPointDem Dec 2012 #44

agreed. +1 n/t Chan790 Dec 2012 #47

What do you think about people who move from NY or NJ to Florida or New Hampshire Nye Bevan Dec 2012 #50

The guy is a moron and a drunk. Mass Dec 2012 #13

And public urinator pinboy3niner Dec 2012 #14

And a self-admitted rapist obamanut2012 Dec 2012 #68

and france is relieved to be rid of such a boor. nt xchrom Dec 2012 #21

Compared to France, much of Belgium is underdeveloped MrScorpio Dec 2012 #22

Top tax rate in London is 45%. Many French are moving there (nt) Nye Bevan Dec 2012 #29

Liberte, oui, but forget about the fraternite and especially the egalite--typical librechik Dec 2012 #27

Please check out US Tax Rates paid during late 1940 - 1950's GoldenOldie Dec 2012 #51

exactly--we are being punked big-time librechik Dec 2012 #52

Awww those poorwittle wich people having Rex Dec 2012 #48

I don't think they are looking for sympathy. They are simply moving out (nt) Nye Bevan Dec 2012 #53

Who cares, I cannot even believe this is news. Rex Dec 2012 #55

What should be done? Shivering Jemmy Dec 2012 #60

Ignore it. Rex Dec 2012 #61