[FoRK] Tax math

Rob Harley robert.harley at gmail.com
Mon Oct 11 19:53:09 PDT 2010


Some body wrote:
>The fact that income tax rates on the high income were more than twice
>higher than they are now,

I live and work in NYC.  My statutory tax deductions are around 48%.  How
much exactly is "more than twice"?


> and yet economic activity did not grind to a halt in the 50s and 60s is a
hard counter-example to miss.

Wow, "not grind to a halt"... you're really raising the bar!


- R


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