Debunking Robert Reich's "Tax the Rich" Myths || EP 599
Good Morning Liberty
00:00
The Tax Ratio in the Fifties
In the fifties, they paid an effective rate of only 16 point nine %. The 91 % bracket of 19 50 only applied to house s with income over 200 thousand dollars. Only a small number of taxpayers would have had enough income to fall into that top bracket. Many households on the top one % of the 19 fifties probably did not fall into the 91 % bracket to begin with.
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