jmfcst's 9% flat or the 1960 tax code?

[© tweed]

Taxable income   Tax Rate
$74,600 -                 26%    
$149,200 -                 38%    
$447,600 -              62%    
$746,000  -             75%    
$1,865,00  -             89%    
$3,730,00 -               91%    
$7,460,000 -            91%

lmao.  I wish someone would run the numbers and see what kind of revenue this generates

[© tweed]

there were tons of loopholes back then, so no one paid those rates....the simple fact is that since 1960, the tax base has shrunk and the rich have been carrying more and more of the load....this is true even since 1986.

jmfcst employs counterfactuals.