this post was submitted on 26 Feb 2024
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[–] Sir_Osis_of_Liver@kbin.social 10 points 6 months ago (1 children)

The top marginal tax rate in the US peaked in 1951 at 92% on income in excess of $400k (joint filing two income), the equivalent of about $4.7M in today's money. That should come back.