Taxes Are High On The Little Guy -- Thanks, FDR

Contributing sentiments towards policy:

52% : The very first section of the code goes straight to the rates of tax and prescribes a rate schedule that is severe and steep -- starting at 20 percent with low exemptions, rising to 50 percent at $16,000, on to 75 percent at $50,000, and finally to 91 percent at $200,000.
47% : Income tax rates are not the income tax?
47% : Taxes Have Consequences is indeed a history of income tax rates.
46% : The intervening technical provisions" -- now of 70,000 pages -- "severely dilute the initial sections and leave the income tax a far different levy than is presented in the initial picture."
45% : High earners facing tax rates up to 91 percent paid about 20 percent of their income in taxes, if about double that at the margin.
38% : The tax system of the mid-twentieth century was a sham, a central point of Taxes Have Consequences.

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