• CableMonster@lemmy.ml
    link
    fedilink
    arrow-up
    1
    arrow-down
    1
    ·
    7 months ago

    The federal tax receipts/gdp were pretty much the same as they are right now in the 50s and 60s. Just because the tax rate was high doesnt mean people pay that much.

    • Serinus@lemmy.world
      link
      fedilink
      arrow-up
      2
      arrow-down
      1
      ·
      7 months ago

      Yeah, what a shame it was that people had to invest in the longevity and reputation of their business in order to keep paying them out over a hundred years.