Jul. 5th, 2024
(no subject)
Jul. 5th, 2024 09:18 amThis is all such bullshit. Under Eisenhower in the 1950's, the most prosperous decade in American history, the corporate tax rate was 87/90% on Earned Income, so the best way to avoid that was to reinvest it. Ofc, Corporations and The Rich pulled all kinds of tricks and usually only paid apx 55% on Earned Income not reinvested. Needed money for their toys...