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Socialist
Taxes From
each according to his adjusted gross income, to each according
to his lack of adjusted gross income. From
forced-charity donor, to government-selected receiver. -
- - - - War
Taxes From
almost everyone (especially the wealthy), to government-funded
war. NotASocialist.org
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The Reality of
an Income Tax Rate above 90%
in the US is Not New
During World War II,
Americans were asked to pay more in taxes, and the wealthy
were asked to pay the most. In 1943, American households
faced a 88 percent tax rate on all their income over
$200,000. The next year, 1944, the nation’s top tax rate
was raised even higher, to 94 percent on income over
$200,000. [source]
Even the Idea of a 100%
Income Tax Rate in the US is Not New
FDR wanted to limit each individual's income to $25,000
through taxes in 1942.
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