Quote:
Originally Posted by TheDoc
Taxes are at the lowest point EVER (other than right when it first started) so for like the last 80 years taxes have never been as low as they are today, on average it's 50% lower today (that's huge). Not in the 80's or the 90's were taxes lower.. and when they rollback the tax cut, taxes are STILL lower than what they were in the 90's.
So basically... they're bitching about all that money they made in the 90's when the tax was 4% higher.
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I agree. The tax rate from 1993-2000 was 39.6%. The highest ever was from 1951-1963 when it topped off at 91-92%. The highest tax rate for 2010 is 35%. If you file head of household your income needs to be at least $373,651.