this post was submitted on 12 Mar 2024
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Socialism

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[โ€“] docAvid@midwest.social 13 points 8 months ago* (last edited 8 months ago) (1 children)

My only quibble is that I think the top marginal rate should go back at least to the 94% it was in 1944, not just 70%. In fact, I'm not sure there is any reason the top marginal rate shouldn't just be permanently set to 100%, with the only variable being how high that margin is.

Oh I absolutely agree.

I only recalled at the time that it was at one point 70%, couldn't be arsed to research further at the time for a mere online comment.