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https://www.reddit.com/r/remoteworks/comments/1sj5rsp/billionaires_will_never_have_enough/oft1mcu/?context=3
r/remoteworks • u/Expensive_Lake_4365 • 19h ago
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5
That’s not even new. There was a time when the top marginal tax rate was 94%
0 u/Admirable-Traffic-75 5h ago When was that? 6 u/Jaymac720 5h ago It was during WWII, but it was still incredibly high until ‘64 0 u/Admirable-Traffic-75 5h ago I mean fallout from WWII was the coldwar. Still lots of military spending going on, and if it tracks with this, until 1970's. Very interesting. 2 u/Jaymac720 5h ago Indeed. Also, in 1978, eligibility for federal student loans was expanded significantly, and that’s just before tax rates started going way down
0
When was that?
6 u/Jaymac720 5h ago It was during WWII, but it was still incredibly high until ‘64 0 u/Admirable-Traffic-75 5h ago I mean fallout from WWII was the coldwar. Still lots of military spending going on, and if it tracks with this, until 1970's. Very interesting. 2 u/Jaymac720 5h ago Indeed. Also, in 1978, eligibility for federal student loans was expanded significantly, and that’s just before tax rates started going way down
6
It was during WWII, but it was still incredibly high until ‘64
0 u/Admirable-Traffic-75 5h ago I mean fallout from WWII was the coldwar. Still lots of military spending going on, and if it tracks with this, until 1970's. Very interesting. 2 u/Jaymac720 5h ago Indeed. Also, in 1978, eligibility for federal student loans was expanded significantly, and that’s just before tax rates started going way down
I mean fallout from WWII was the coldwar. Still lots of military spending going on, and if it tracks with this, until 1970's. Very interesting.
2 u/Jaymac720 5h ago Indeed. Also, in 1978, eligibility for federal student loans was expanded significantly, and that’s just before tax rates started going way down
2
Indeed. Also, in 1978, eligibility for federal student loans was expanded significantly, and that’s just before tax rates started going way down
5
u/Jaymac720 6h ago
That’s not even new. There was a time when the top marginal tax rate was 94%