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Elon Musk goes low against Zuckerberg as Twitter-Threads spat intensifies
(www.theguardian.com)
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Well slap my balls, TIL.
Bet you thats why trusts and such were invented…
Also, the reason people throw out the 90% figure is because that's about what it was at the time. Granted most of the rich still managed to only pay ~70%.
Here's a couple jumping points: Historical chart, US tax history on Wikipedia