Monday, April 20, 2015
On the Fact that FDR Actually Proposed a 100% Top Tax Rate (On Everything Over $25,000 a Year)
Did the man simply not realize that once you instituted something like this, nobody in his or her right mind would ever want to make beyond that amount in the future (because, HELLO, you'd be giving it all away) and the end result would be zero additional revenue? I mean, I know that politicians are greedy and stupid and all but for the country to have actually had one THIS stupid is frightening....A 100% top tax rate. Wow, huh?