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TopicBernie Sanders
BUMPED2002
05/14/23 9:51:53 AM
#1:


He thinks all income after $999M should be go to taxes, how do you feel about that?



So recently, Sanders floated this idea that after you have made $999M, everything after that should go to taxes.

This is essentially what FDR did in the 1930s/1940s to pay for the New Deal programs in that after you reached a certain income point, everything after went to taxes so at that time until the 1950s, corporate taxes were in the 90% range then they were reduced in the 1960s and then in the 1970s to about 70% and today, corporate taxes are less than half of 70% at around 27%.

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SpankageBros
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