That’s almost a 90% tax rate.There was a time in the 1920’s, I think, where the tax rate on high income was around 70%. Nero Wolfe would refuse to work if earning additional money would put him into that tax bracket.Huh! A progressive, high tax rate dissuading people to work. And yet the cry goes out to tax the rich…
wiatr over 4 years ago
I’m going to have to figure this one out, else I will have Mutt’s reaction too.
cubswin2016 over 4 years ago
I am confused.
Huckleberry Hiroshima over 4 years ago
Fez launch.
ComicRelief over 4 years ago
That’s almost a 90% tax rate.There was a time in the 1920’s, I think, where the tax rate on high income was around 70%. Nero Wolfe would refuse to work if earning additional money would put him into that tax bracket.Huh! A progressive, high tax rate dissuading people to work. And yet the cry goes out to tax the rich…
micromos over 4 years ago
Is that a modern seat release pull?
scshot over 4 years ago
So is Mutt!
Dr. Whom over 4 years ago
Basic government economics.
brklnbern over 4 years ago
Great logic. But back in the 1950s there was a 90% tax bracket for million dollar incomes.