Posted by Dinah on June 28, 2012, at 21:20:17
In reply to Re: Healthcare Bill Deemed Constitutional, posted by emmanuel98 on June 28, 2012, at 21:00:05
I thought the top marginal rate was still 28% when he left office? I thought the 28% was a bit low, but it was accompanied by a lot of tax reform and reduction in deductions. So the drop from 50% to 28% wasn't as dramatic as it sounds.
I never said Carter instituted the rates. I said they were too high in his administration, which was the first administration where I was of an age to care about such things. I thought then and think now that 70% is too high.
If you think I'm ignorant, so be it.
poster:Dinah
thread:1020322
URL: http://www.dr-bob.org/babble/20120608/msgs/1020387.html