Re: "The link very strongly supports my claim about income taxes."
No, it doesn't.
The NUMBERS see to say almost exactly the OPPOSITE of your claim.
[Rates in the nineteen fifties ran from 20% to 91% in a very smooth series of graduations: "20, 21, 24, 26, 30, 32, 36, 39, 42, 43, 47, 49, 52, 54, 58, 62, 66, 68, 71, 74, 76, 80, 83, 87, 90, 91". Then, of course, you'll want to add in the State tax rates (from your other link) to arrive at "total tax load"....]
Re: "Yes the rates go very high, but not for the middle class."
I'd use the MEDIAN PORTION of the income distribution (for any given period of time) to provide the data point around which I'd center the cohort I'd call "Middle Class".
What would YOU use for a definition of "Middle Class"??????????????? |
