re: #59 FemNaziBitch
So, if they paid 90% on their annual income, their take home would be … .
That’s not counting tax on capital gains.
How many actually get a paycheck?
Please correct me if I’m wrong, but isn’t the 90% figure the rate paid on income at the very top of the scale. Isn’t income below that taxed at a lower rate, so the effective tax rate for the 1% in 1960 was actually closer to 50%?
RBS