re: #320 KingKenrod

You’re only telling 1% of the story…

Consider this example:

I person making $200,000 today would be roughly equivalent to someone making $13218.42 in 1939.

The income tax rate for that person (in 1939) would be 12%.

That’s just not an argument that stands up to scrutiny. Proportional (% based) taxation is just that: proportional. Your argument would, if true, only establish that the income levels that designate the shifts between brackets would be different, but not that the actual burden is proportionally different.

12% is 12% is 12%.