Between the 1940s and 1960s the US had 90%+ marginal tax rate for the highest in... | Hacker News

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dalke on Nov 7, 2015 | parent | context | favorite | on: The Case Against the Universal Basic Income

Between the 1940s and 1960s the US had 90%+ marginal tax rate for the highest income bracket, so it's not an impossible or untenable situation.

dllthomas on Nov 8, 2015 [–]

In today's dollars, that marginal tax rate would surely start somewhere above one million.

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