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Re:Modeling a Wealth Tax by dannyw on Tuesday August 18, 2020 @10:15AM (#24198792)
Just for some historical context: US income tax rates started at 1% and ended at 6%, and applied to an extremely small amount of the population.
Re:Modeling a Wealth Tax by 0xffff2 on Tuesday August 18, 2020 @12:42PM (#24200895)
What does "ended at 6%" mean here? As far as I can tell, all income earners in the US pay at least 15.3% income tax in the form of Social Security and Medicare taxes.