The Rich Never Actually Paid 70 Percent0
- Economics
- January 7, 2019
Several Washington commentators kicked off the 116th Congress by rallying behind a newly proposed 70 percent top marginal income tax rate on the wealthiest earners. The 70 percent tax rate figures prominently in the financial equation behind the “Green New Deal” proposal championed by Rep. Alexandria Ocasio-Cortez. While a tax hike of this level is
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