News for hackers. Stuff that matters.

A comment on Americans Are Putting Billions More Than Usual in Their 401(k)s. Parent comment

Re:Americans Are Putting Billions More Than Usual in Their 4... by pc86 on Thursday January 05, 2017 @02:34PM (#13330562)
A little off topic but if you were well into that top marginal bracket at the time I bet that drop from 90% to 70% felt really good.
[ Parent | on HN ]
Re:Americans Are Putting Billions More Than Usual in Their 4... by nickff on Thursday January 05, 2017 @04:37PM (#13331652)
Almost nobody was actually paying that rate; those high marginal tax rates only benefited the accountants who could figure out how not to pay, and the politicians who could show how how much money they were pretending to take from the rich.
[ Parent | on HN ]