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Zohran Mamdani : a mayor to be proud of
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<blockquote data-quote="vantexan" data-source="post: 6152935" data-attributes="member: 24302"><p>Did you even read the article? His proposal had nothing to do with the 90% rate of the 1950's. He was flat out saying no one should have more than $25k after paying taxes. The 90% rate in the 50's was only triggered by a very high income and took only a portion of that income at 90%. Most income was taxed at lower rates.</p></blockquote><p></p>
[QUOTE="vantexan, post: 6152935, member: 24302"] Did you even read the article? His proposal had nothing to do with the 90% rate of the 1950's. He was flat out saying no one should have more than $25k after paying taxes. The 90% rate in the 50's was only triggered by a very high income and took only a portion of that income at 90%. Most income was taxed at lower rates. [/QUOTE]
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