Message from @sɪᴅɪsɴᴏᴛʜᴇʀᴇ
Discord ID: 534792732934275093
No again
we haven't
It's never been as high as 90%
everyone has used tax avoidance schemes
Marginal rates have been that high
Not effective rates
which is important
or you're just looking at smoke and mirrors
Then we could say we’ll finance a, say, 40% effective rate with a 70% marginal rate on the rich
You didn't get it dude
they had marginal tax rate at 90% yes
but they were *never paid*
to the point the effective tax rate was 45%
thats what effective tax rate means
I agree
ye thats what I'm saying
I’m saying that AOC’s proposed marginal rate of 70% is significantly less than historical marginal rates up to 94%
yeah
70%
But likely not to the degree that 94% marginal did, which was fairly minimal
0%
Nobody disagreed with that. Like literally nobody.
abolish the govt
Infact income tax should be abolished
Why
It's theft
Not really
Okay ancap
Theft is only when the government lacks legal right
at least lowered
Legality doesn't define theft
Lowering is fine
It should be abolished because it's theft
Taxes should be low wherever possible
.define theft
it's involuntary and forecful
No define bot aw
It's like being mugged on the street