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View Diary: Most Americans saw their total tax rates fall over the past 30 years. But the rich made out best (37 comments)

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  •  I think it's half that, the employer pay other 1/2 (1+ / 0-)
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    DSPS owl

    The best growth in US history was under Eisenhower's tax schedule.  The top earners paid 90% !!

    THIS LINK SHOWS THE TAX RATES FOR EVERY YEAR SINCE 1913

    It's interesting.  Single people didn't used to have pay higher taxes than married people.  I think that changed after WWII so people wouldn't divorce.

    In 1913, just about everyone but the uberly wealthy paid 1% income tax on income ranging from $0 - $453,292.  That was a flat tax for sure.

    It jumped a lot in 1918, WWI and NOSEDIVED in 1920 but JUST FOR THE RICH, followed by the GREAT Depression.  Low taxes on the high earners fosters speculation, duh!

    Today, less than 1% of US income earners earn more than $250,000.

    It's difficult to be happy knowing so many suffer. We must unite.

    by War on Error on Mon Dec 03, 2012 at 07:40:45 PM PST

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    •  employers don't pay a penny of payroll tax (1+ / 0-)
      Recommended by:
      War on Error

      My boss used to self-aggrandizingly refer to his share as benefits. The employer "share" comes out of the workers' pockets, culled from the value of labor.

      and I wait for them to interrupt my drinking from this broken cup

      by le sequoit on Tue Dec 04, 2012 at 03:57:56 AM PST

      [ Parent ]

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