Under Kennedy, the top rate came down from 90% to 70%.
We’re currently arguing about whether that top rate should be roughly 36 or 39%.
Surely the rate matters, as much as the movement lower. Someone could believe that 90% was a bit excessive, but 39% is withing the bounds of reason for the top 5% of all earners.
pirate227 over 13 years ago
He forgot to include “for the rich” on the hammer.
vhammon over 13 years ago
Tigger, You keep making this same comparison.
Under Kennedy, the top rate came down from 90% to 70%.
We’re currently arguing about whether that top rate should be roughly 36 or 39%.
Surely the rate matters, as much as the movement lower. Someone could believe that 90% was a bit excessive, but 39% is withing the bounds of reason for the top 5% of all earners.