Show of HandsShow of Hands

Skarface69 October 23rd, 2014 12:15pm

Would you support the highest marginal tax rate returning to the level it was during WWII?

4 Liked

Comments: Add Comment

hrankta
10/23/14 6:39 am

That would be disastrous in our modern economy!

Reply
Arananthi Literal Ninja
10/23/14 11:23 am

Why wasn't it disastrous back then? And for the decade plus after WWII that it remained that high?

hrankta
10/23/14 11:33 am

Because America had the only industry left on earth, a world destroyed, unlimited demand, and limited labor. People and companies couldn't off-shore their profits like they can now. The purpose for taxes that high were to put a drag on the economy.