Re:On the Experience of Being Poor-Ish, for People Who Aren't
by sriram_sun on Monday March 01, 2021 @06:20PM
(#26309877)
> and why we never had millionaires back when the top bracket was > 90%
Over 20% of the money in circulation in the US was printed last year. i.e. the pot is much bigger now. Also, while tax rates were high back then, loopholes were proportionately larger!
Over 20% of the money in circulation in the US was printed last year. i.e. the pot is much bigger now. Also, while tax rates were high back then, loopholes were proportionately larger!