Supreme Court Overturns Roe vs. Wade

Re:Supreme Court Overturns Roe vs. Wade by nobody9999 on Friday June 24, 2022 @04:17PM (#31868741)

>That means, low taxes, control inflation, get budget in order and have a surplus even, stop spending and question the efficiency of the Gov (Do 2x from existing funding). Huge tax breaks for startups and small biz. No state income tax.

IIRC, the top marginal Federal income tax rate in the 1950s-1960s was never below 70%[0].

[0] https://bradfordtaxinstitute.com/Free_Resources/Federal-Inco...

Edit: Fixed prose.

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Re:Supreme Court Overturns Roe vs. Wade by systemvoltage on Friday June 24, 2022 @06:55PM (#31870548)

I should have compared to progress in the Roman empire just so that I can say that I do not condone aristocracy, only making a point about progress itself.

I refuted the points here: https://news.ycombinator.com/item?id=31867958

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Re:Supreme Court Overturns Roe vs. Wade by nobody9999 on Friday June 24, 2022 @07:31PM (#31870829)

I have no opinion about what you said that I'm willing to express here, except that you mis-stated the level of income taxes during the period you mentioned.

Not an attack on you, just correcting the record.

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Re:Supreme Court Overturns Roe vs. Wade by systemvoltage on Friday June 24, 2022 @09:09PM (#31871494)

Thanks and correction accepted. Lot of it is still misleading though. We should also clarify that it was the marginal tax rate, not the "tax rate" as we know. Marginal = above a certain threshold. 90% marginal tax rate, but effective tax rate only bit higher than it is today.

https://taxfoundation.org/taxes-on-the-rich-1950s-not-high/

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