grte@lemmy.ca to Canada@lemmy.ca · 8 months agoLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.caexternal-linkmessage-square139fedilinkarrow-up1612arrow-down147
arrow-up1565arrow-down1external-linkLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.cagrte@lemmy.ca to Canada@lemmy.ca · 8 months agomessage-square139fedilink
minus-squareSir_Osis_of_Liver@kbin.sociallinkfedilinkarrow-up10·8 months agoThe top marginal tax rate in the US peaked in 1951 at 92% on income in excess of $400k (joint filing two income), the equivalent of about $4.7M in today’s money. That should come back.
The top marginal tax rate in the US peaked in 1951 at 92% on income in excess of $400k (joint filing two income), the equivalent of about $4.7M in today’s money. That should come back.
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