this post was submitted on 15 Nov 2023
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DRS Your GME

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[–] Enkers@sh.itjust.works 19 points 2 years ago (2 children)

The marginal tax rate was 94% in 1944. That would cost them A LOT of money. It's definitely much cheaper to pay off politicians than to have taxes go up, especially if you look in to how cheaply some of these politicians will sell you out for.

Their true shortsightedness would be causing another great depression. Once the bread runs out, they're in actual trouble. It has yet to be seen if they can control the beast they've created, but I doubt it.

[–] WhatAmLemmy@lemmy.world 10 points 2 years ago

None of them actually paid that then either. They certainly paid a higher proportion, but it was still an income tax.

[–] MonkderZweite@feddit.ch 2 points 2 years ago* (last edited 2 years ago)