Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: Peter Dierks who wrote (31773)	1/25/2009 5:01:11 PM
From: TimF	Read Replies (1) \| Respond to of 71588

England used to have a 90% maximum marginal tax rate. For a time the US did. And FDR proposed a 100% top tax rate, that didn't get passed. I think the UK got up to 95%. I can't find a link to it now (it seems much easier to find links to historical American rates than British rates). But I remember reading that the song "Tax Man" by the Beatles was based on actual taxed they faced at one point. --- Let me tell you how it will be There's one for you, nineteen for me Cos I'm the taxman, yeah, I'm the taxman Should five per cent appear too small Be thankful I don't take it all Cos I'm the taxman, yeah I'm the taxman If you drive a car, I'll tax the street If you try to sit, I'll tax your seat If you get too cold I'll tax the heat If you take a walk, I'll tax your feet Taxman! Cos I'm the taxman, yeah I'm the taxman Don't ask me what I want it for (Aahh Mr. Wilson) If you don't want to pay some more (Aahh Mr. Heath) Cos I'm the taxman, yeah, I'm the taxman Now my advice for those who die Declare the pennies on your eyes Cos I'm the taxman, yeah, I'm the taxman And you're working for no one but me Taxman!