Biden, You Don't Have to Listen to Me, Listen to Biden

The top income tax rate in 1962 was 91%. After deductions and credits, only 447 tax filers out of 71 million people paid any taxes at the top rate. The average tax rate was actually 16%. Please do not think we have conquered the inflation beast. First global inflation is picking up again. Second, please read this article in my newsletter today from Semaphore. Finally, and I applaud some of the people on both sides of the aisle who are finally starting to address the Social Security nightmare we're looking at.