But those rates are lower than the 1950s rates.

Reader comment on: Paul Krugman Wants To Double Your Taxes

Submitted by Lyle (United States), Apr 25, 2011 01:32

Recall that rates until the mid 1960s went up to 91% and the rates proposed are lower than the rates when Reagan took office. Now back then it was much harder to get enormously rich (Gates, Buffett, Walton rich).

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The Future of Capitalism replies:

And Kennedy rightly realized those 1950s rates were too high and were retarding growth.

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Title By Date
Marginal tax rates
[w/response] [148 words]		benjaminApr 26, 2011 23:14
↔ hard work
[w/response] [92 words]		benApr 27, 2011 15:12
Double my taxes? Not even close.
[w/response] [70 words]		KevinApr 25, 2011 22:29
The Rich are... Poor! [146 words]Simha BodeApr 25, 2011 03:01
⇒ But those rates are lower than the 1950s rates.
[w/response] [39 words]		LyleApr 25, 2011 01:32
Stoll gets it wrong
[w/response] [79 words]		Mr. TruthApr 24, 2011 22:36
↔ Wrong again [71 words]Mr. TruthApr 25, 2011 20:17

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