Quote:
Originally Posted by Brujah
The taxes on the wealthy were always raised to 77%, 73%, 67%, 95%, etc... throughout our history to pay for Great Depression, World War I, World War II, etc... from the 1930s through to the 1980s until Reagan started lowering it. I don't recall any kind of super wealthy mass exodus during that 60-some odd year period. Do you? Now everyone cries over a 3% suggested raise to pay for the Bush wars like it's equivalent to Hitler, Mussolini, or Communism.
I don't know the history of double taxation but it should be reformed.
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Ah yes, the uneducated "taxes used to be higher" argument, poorly made. There was no such thing as computerized records, record sharing, etc. there were VERY few IRS agents. The rich paid the government what they felt like.
There was no way to track their incomes.