Do you solid evidence to back that up?
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All I could find was that it was unusual for people to actually pay that rate. And that was AI, which is frequently wrong. The really shocking part is the rates at the bottom. The beginning rate was 23%. Now days, that rate doesn't happen until a person has a really good job. And, they only got a 10% standard deduction or $1000, whichever is less. Personal deductions were $500. A young married couple of only 2, started paying 23% when they broke $1200 of income.
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Message Thread | This response ↓
Should we have a limit on the wealth of Trillionaires like Elon Musk? - John Stossel Video - Ken C October 6, 2026, 8:55 am
- Just go back to the pre-Reagan tax rates. - 7:77 October 6, 2026, 11:07 am
- We could go back to 1944 - BornToFarm October 6, 2026, 1:16 pm
- NOT a single dollar was actually taxed at the preposterously high rates. - DFM October 8, 2026, 11:38 am
- Do you solid evidence to back that up? - BornToFarm October 9, 2026, 3:23 pm
- The average Joe has virtually no tax write offs. 28% period. The tax codes are a mess.,
- GOG October 6, 2026, 7:46 pm
- High taxes helped us pay down the debt from World War II. - Ken C October 6, 2026, 2:07 pm
- We could. - 7:77 October 6, 2026, 2:04 pm
- Oppressive government IMO. 94% ?????? - Mondo Fuego™ October 6, 2026, 1:54 pm
- Exactly! The problem is not the entrepreneur spirit. - GOG October 6, 2026, 12:39 pm
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