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Tax the Rich? We Did That Once

Once upon a time, the United States seriously taxed the nation’s rich. You remember that time? Probably not. To have a personal memory of that tax-the-rich era, you now have to be well into your seventies. Back at the tail-end of that era, in the early…

Once upon a time, the United States seriously taxed the nation’s rich. You remember that time? Probably not. To have a personal memory of that tax-the-rich era, you now have to be well into your seventies. Back at the tail-end of that era, in the early 1960s, America’s richest faced a 91 percent tax rate More

The post Tax the Rich? We Did That Once appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Sam Pizzigati.


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